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alexdok [17]
3 years ago
15

Which of the following terms is correct?

Business
1 answer:
slega [8]3 years ago
3 0

Answer:

a. Economic profit takes into account all costs involved in producing a product.

Explanation:

Numeral A is the only correct option in the question.

Economic profit takes into account all costs: explicit costs and implicit costs. Explicit costs are the monetary costs that we incurr when we run a business, such as wages, rent, and utilities.

Implicit costs are the opportunity costs that we incurr, in other words, what we gave up to run the business. For example, if you had a job, and quit to set up the business, your implic cost is the salary that you used to earn.

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Last semester, Brita bought her textbooks over the Internet and saved a considerable amount of money. Classes start in a few day
Dmitriy789 [7]

Last semester, Brita bought her textbooks over the Internet and saved a considerable amount of money. Classes start in a few days, and she needs to decide right away how and where to purchase her books. Brita will most likely engage in "limited problem solving" process.

<h3>What is limited problem solving process?</h3>

Limited issue solving is another sort of consumer problem-solving that consumers employ when they need information about unknown brands in well-known product categories or when they make sporadic purchases of goods; it takes a fair amount of time for information collecting and consideration.

The characteristics of limit solving process are-

  • Limited issue solving is employed when consumers seek information about a new brand within a well-known product category or when they occasionally purchase products.
  • When buying a new, expensive, or infrequently purchased goods, consumers engage in lengthy problem solving.
  • Possibly when you need to find out information about an unusual brand in a well-known product area, takes a fair amount of time to gather information.
  • Clothing is one example where it is known the product class but not the brand.

Therefore, in the given case- Brita lacks the time to thoroughly consider all of his alternatives. Additionally, he will likely follow suit this time around given his recent success purchasing books online (unless he waited too long and cannot receive his books in time).

To know more about steps in the problem solving process, here

brainly.com/question/10708306

#SPJ4

6 0
2 years ago
5. Hazelwood School District is located in Sleepy Hollow Township. It is being sued by several teachers who applied for teaching
UNO [17]

Answer:

The plaintiffs will probably win because the school district is clearly discriminating against African American teachers.

Title VII of the Civil Rights Act establishes that it is illegal to discriminate against job applicants based on race, ethnic background, gender, sexual preferences, religion, etc.

Since 15.4% of all certified teachers in the district are African Americans, you would expect that the number of teachers employed by the school district would be similar. It doesn't have to be exact, but it should be a closer number, not 1.8%.

7 0
4 years ago
Employees read scientific research studies and attend expert presentations to identify the training and nutrition protocols most
OleMash [197]

Answer:

A) Intuitive - Thinking

Explanation:

It is an intuitive problem-solving style because the employees are first absorbing information by reading the scientific papers, and afterwards, they go through a cognitive process in which new information and old information are related in order to reach new conclusions. This is the congnitive process that intuitives follow.

It is a thinking problem-solving style because the conclusions are now put into an orderly format: guidelines, programs, etc. Besides, the employees employ measuring techniques to evaluate the effectiveness of the programs. This kind of detailed, scientific approached is how thinkers go about solving tasks.

3 0
3 years ago
The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders’ equity 12/31/20
tiny-mole [99]

Answer:

$29.6 million per share

Explanation:

Additional share issued = (Issued and shares outstanding 2021 + Additional paid-in capital on common stock 2021) - (Issued and shares outstanding 2020 + Additional paid-in capital on common stock 2020)

Additional share issued = (110 million + 527 million) - (95 million + 394 million)

Additional share issued = 637 million - 489 million

Additional share issued = $148 million

Average price paid = Additional share issued / $5

Average price paid = $29.6 million per share

5 0
3 years ago
In order to deal with the declining effectiveness of traditional advertising, marketers are finding unique ways to reach out to
ololo11 [35]
In order to deal with the declining effectiveness of traditional advertising, marketers are finding unique ways to reach out to target customers. integrating their goods with popular television programs is one such way. this sort of advertising in which actors are shown using branded products is an example of product placement.
6 0
3 years ago
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