Answer:
$22
Explanation:
JL Groomers will maximize its accounting profit while taking to 0 its economic profits when the marginal revenue = marginal costs.
Economic profits are not the same as accounting profits, since they include the opportunity costs of investing the money somewhere else. That is why in the long run firms are not able to make economic profits since as long as they exist, new competitors will enter the market. But on the short run, firms are able to make economic profit, but by doing so, they will not be maximizing their accounting profit.
Economic profit = accounting profit - opportunity costs
Opportunity costs are the extra costs associated or benefits lost from choosing one activity or investment over another one.
Answer:
immediately challenge the rule by filing a complaint with the administrative agency.
Explanation:
Since the new rule is affecting it's business by increasing cost andaking paperwork cumbersome, Al's Car Shack can file a complaint with the administrative agency stating it's case.
There is no dispute yet so there is no need to challenge the rule in court at this time.
If the administrative agency cannot settle with Al's Car Shack the case may go to court.
Answer:
Presence or threat of trade barriers
Explanation:
If a company sees that a specific country has a presence or threat of trade barriers, the company will prefer to invest directly in foreign companies, instead of exporting.
This is because trade barriers, like tariffs or import quotas, will likely reduce the potential revenue that the company would get from exporting. It could reduce revenue so much as to make the company lose money.
Given :
Stand alone price of product B = $100
Price of the combined product = $120
To Find :
Stand alone price of product A
Solution :
Now,
Stand alone price of Product A = 120 - 100 = $20
The allocation ration for the product A and B =
<u>Stand alone price of product A</u>
Stand alone price of product B
<u> </u><u> </u><u>20</u><u> </u><u> </u> = 1:5
100
Allocated to the performance obligation for delivering product A =
$120 x <u> </u><u> </u><u>1</u><u> </u><u> </u><u> </u>
1+6
$17.1
So the answer is $ 17.1
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