Try to find a mortgage to buy a house
Answer:
The correct answer is letter "B": are essential to the reallocation of resources from less desired to more desired goods.
Explanation:
Economic profit is the difference between the company's profits from revenue and the overall opportunity cost. The difference between accounting profit and economic profit is significant. Only total revenue minus the explicit cost of producing goods or services is considered to calculate the accounting profit.
The economic profit is called a loss if after subtracting the opportunity costs from revenue the figure is negative. <em>Both profit or losses determine how resources will be allocated in a company prioritizing the more desired goods or those who are needed for the firm's operations.</em>
Answer:
$16.9 per widget
Explanation:
Given that,
Beginning inventory = $2,500
Purchases = $156,000
Ending inventory = $38,200
Sales Revenue = $783,000
Selling and Administrative Expenses = $5,400
Total cost of the 7,100 widgets:
= Beginning inventory + Purchases - Ending inventory
= $2,500 + $156,000 - $38,200
= $120,300
Therefore,
Cost of one widget = Total cost of the 7,100 widgets ÷ Number of widgets
= $120,300 ÷ 7,100
= $16.9 per widget
Answer:
trialability
Explanation:
trialability is the strategy used to try to increase the diffusion of new format using the service