<span>Rachel is already on her way to work, in this case she will write the note to herself and store it in her pocket. When she returns home she will then proceed to paste the note on her door preventing her from forgetting it tomorrow.</span>
Answer:
The aggregate demand curve is downward sloping because when the general level of price rise; the real wealth of consumers will decline (with a certain amount of money you end up buying less goods), the interest rates will increase (as inflation increases, interest rates also increase), and the price of exported goods increases (as the general price of goods increase, the production of goods will also become more expensive).
Answer:
$66,000
$304,000
Explanation:
The computation is shown below:
Total implicit cost is
= Job left cost + forgone the return on investment
= $60,000 + $100,000 × 6%
= $60,000 + $6,000
= $66,000
And, the total cost is
= explicit cost + implicit cost
= $50,000 + $180,000 + $8,000 + $66,000
= $304,000
We simply applied the above formulas so that the correct values could come
Answer:
b. revenues minus accounting and opportunity costs.
Explanation:
A normal profit occurs when the amount of profit generated by a company in a given period is equal to the amount of its costs, that is, in this situation the company's profit is sufficient to cover its costs and it manages to continue operating in a market in a way competitive, for this reason the normal profit
The opportunity cost refers to normal profit due to the fact that this is the amount that is equal to zero with respect to economic profit, which is what is necessary for the company to operate when considering the investment made.
By providing a means for reliable transportation, the railroads made the regular shipping of manufacturing supplies and manufactured goods in mass quantities possible.<span> As a result, the railroads laid the groundwork for the Industrial Revolution through providing a foundational need in the development of industry.</span>
