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Marina86 [1]
3 years ago
14

An economist resigns her $100,000/year university teaching position to work fulltime in her own consulting business. In the firs

t year she has total revenue of $250,000 and expenses of $100,000. Which of the following statements is correct?
i. Her accounting profit was $250,000
ii. Her accounting profit was $150,000
iii. Her economic profit was $50,000
iv. Her economic profit was $150,000
Business
1 answer:
lilavasa [31]3 years ago
7 0

Answer:

ii. Her accounting profit was $150,000

iii. Her economic profit was $50,000

Explanation:

The computation is shown below:

For accounting profit, it is

= Total revenues - total expenses i.e explicit cost

= $250,000 - $100,000

= $150,000

And, for economic profit

= Total revenues - total cost i.e explicit and implicit cost

= $250,000 - $100,000 - $100,000

= $50,000

Hence, the second and third options are correct

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tatuchka [14]

Answer:

Option c) cannot be known with perfect certainty and, although not known with perfect certainty, do allow the advisor to create more suitable portfolios for the client.

Explanation:

The indifference curves notably cannot be calculated on a precise point but the theory does allow for the invention or creation of more suitable portfolios for investors that has dissimilar levels of risk tolerance.

An Indifference curve is commonly known as a line. The line depicts or shows combinations of goods among which a consumer is indifferent. It shows also the combinations of goods that can be are affordable. In the curve,consumer tend to not like or desire one combination of goods to another combination of goods that is shown on a curve/line.

5 0
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Y_Kistochka [10]

We can calculate for the total stockholders’ equity by using the formula:

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Substituting our given values:

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Total stockholders’ equity = $153,000

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3 years ago
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antoniya [11.8K]

Answer:

d. beta did a better job of explaining the returns than standard deviation

Explanation:

Beta measures the systemic risk associated with the particular investment, it do not compute the total risk associated, which is more  logical.

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Thus, beta provides better details about explaining the returns.

5 0
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5 0
3 years ago
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General mills actively researches people who​ don't buy their products to find out why they are not adopters. this practice is m
Margaret [11]

Answer:

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