Patricia is not bound to perform because the agency relationship was not disclosed. Due to the details not being disclosed about Patricia's identity, shes not bound to perform her full duties. When working on a business deal it is necessary to provide any and all details about who you are to the other person in the transaction.
Answer:
- It will go out of business in the long run.
Explanation:
If George and Dan's political consulting firm is losing money, but it is more than covering its variable costs, then the most accurate statement we can make about it is that: It will go out of business in the long run.
In the SHORT RUN, as long as the firm is covering variable costs, it means that the firm is able to generate normal profit or contribution that takes care of part or all of its fixed costs. It will stay in business
<u>In the LONG RUN, the firm will only continue to operate if it can make normal profits</u>
<u>Normal profit occurs when the difference between a company's total revenue and combined explicit and implicit costs are equal to zero.</u>
<u>Since George and Dan's political consulting firm cannot cover fixed costs, it will go out business in the long run.</u>
When I get a job and so you will have money set aside for when the government comes and takes everything you own.
Answer:
the best way to handle this situation is to share him responsibilities amongst available employees so as to keep the ball rolling in the office. business can't shut down because he didn't show up
Answer:
a. producers-wholesalers-retailers-consume
b.
Explanation:
it is easy to cut cost of transport, storage ,etc
