Answer:
Economic profit $10,000
Explanation:
Income earned as an assistant professor = Salary + Interest on bonds = 75000 + 5% on 100,000 = 75000 + 5000
Income earned as an assistant professor = $80,000
Income from the bookstrore = $90,000
In calculating economic profit, opportunity costs are deducted from revenues earned.
Economic profit = $90,000 - $80,000 = $10,000
Answer:
In the first year 2019, the depreciation expense would be $20,000.
From 2020 to 2023, the depreciation expense would be $40,000 and then $20,000 in 2024.
Explanation:
Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.
It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset
Mathematically,
Depreciation = (Cost - Salvage value)/Estimated useful life
Annual depreciation
= $200,000/5
= $40,000
In the first year 2019, the depreciation expense would be
= 1/2 * $40,000
= $20,000
From 2020 to 2023, the depreciation expense would be $40,000 and then $20,000 in 2024
Answer:
The correct answer is the letter d. how households and firms make choices, how they interact in markets, and how the government attempts to influence their choices.
Explanation:
Microeconomics studies the process of choosing individual agents, that is, the individual and the companies. Thus, the main object of microeconomics is the study of companies, for example, their performance in different market structures, such as monopoly, oligopoly etc; and the individual's decision to consume, analyzing his process of choosing a particular good and service. In addition, it analyzes how this interaction between individuals and companies happens, that is, consumption demanded by individuals and supply by companies. In addition, it studies the impacts of government influence on the process of choosing individuals and companies, for example, by creating a tax on some specific good or service.
<span>Do you think there is a difference between a business lie and a life lie?
I do not think there is a difference between a business lie and a life lie however, the circumstances of the lie may be completely different. The two may be completely different because they will have different background information and reasons for a lie to happen. Lying is not supported within the workplace or out of the workplace.
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