Answer:
$20,000
Explanation:
Calculation for Sweet's economic profit
First step is to calculate the Explicit Costs
Using this formula
Explicit Costs = Rent on building +Payment of Salary to employees + Utilities + Goods bought
Let plug in the formula
Explicit Costs = ($30,000)+ ($40,000) + ($20,000) +($10,000)
Explicit Costs =$100,000
Last step is to calculate Sweet's economic profit
Using this formula
Economic profit = Total Revenue – (Explicit Costs + Implicit Costs)
Let plug in the morning
Economic profit = $135,000 - $100,000 - $15,000
Economic profit= $20,000
Therefore Sweet's economic profit will be $20,000
Answer: B. states that a crossover of the short-term moving average below the long-term moving average signals that the foreign currency is depreciating.
Explanation:
Moving Average trading indicators are heavily used in Forex trading to decide strategy especially over 10, 50, 100, and 200 day periods.
Long term signals can be generated on the basis of the moving average crossover rule.
Here, a short-term moving average going above a long-term moving average that is rising is used as a buy signal because it signals an appreciation to come.
Conversely, a short-term moving average going below a long-term moving average that is rising is used as a sell signal because it signals an DEPRECIATION to come.
Based on the given scenario above, disposing of materials all at once, which are waste materials, scrap lumber and trash is UNSAFE. The correct answer would be option B. It is unsafe because there would be a tendency that these wastes will not be segregated properly. Segregation is very important as to prevent the contamination of waste materials that may be harmful to everyone.
Answer:
C) earning an economic profit.
Explanation:
Since the market is in long run equilibrium, the demand = the supply of haircuts, and an increase in the quantity demanded will increase the equilibrium price in the short run, generating economic profits at least until more suppliers enter the market and long run equilibrium is established again. Economic profit doesn't exist when the market is at long run equilibrium.
*Economic profit = accounting profit - implicit costs. So economic profit being $0 in the long run doesn't mean the businesses are not making an accounting profit.
