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AlladinOne [14]
2 years ago
10

The difference between the ________ and the ________ from the sale of a product is called producer surplus.

Business
1 answer:
Grace [21]2 years ago
5 0

The difference between the lowest price (that a firm would have been keen to accept) and the price it actually receives from the sale of a product is called producer surplus.

<span>Producer Surplus is an economic measurement. Total economic welfare is equal to the addition of consumer surplus and producer surplus.</span>

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Under which condition does a country with a small GDP have a large per capita income?
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Providing incentives for enterprise social network adoption and use is under the ________ best practice.
V125BC [204]

Providing incentives for enterprise social network adoption and use is under the strategy best practice.

<h3>What is enterprise social network?</h3>

Enterprise social networking refers to an organization's use of social media (internally and externally), to connect individuals who share similar business ideas.

Examples of enterprise social network include:

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Hence, providing incentives for enterprise social network adoption and use is under the strategy best practice.

Learn more about enterprise social network here brainly.com/question/20115584

6 0
1 year ago
A firm earns a normal profit when its: Multiple Choice accounting profit is positive. economic profit is positive. economic prof
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Answer:

The correct answer is accounting profit is positive.

Explanation:

Economic profits are the difference between the total revenue earned by selling the goods and total costs incurred in the production process. It includes both implicit as well as explicit costs.

The explicit costs are the direct costs incurred in the production process. There is an actual payment involved.  

The implicit costs are the indirect costs incurred. They are generally the opportunity cost of sacrificing the alternative option. There is no actual payment involved.  

The accounting profits include only explicit costs incurred in the production process. It is the difference between total revenue earned and explicit cost.  

A normal profit means zero economic profits. But accountable profits is higher than economic profits, so there will be some positive accountable profit.

8 0
3 years ago
The issues management process is a
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Answer:

A.

Explanation:

The issues management process is a systematic process companies use when responding to public issues that are of greatest importance to the business.

8 0
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Explanation:

5 0
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