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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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An individual employed part-time at a retail store that schedules her based on the busiest times and days throughout the year, w
kykrilka [37]

Answer: contingent

                         

Explanation: It refers to the employment in which the job of an individual is not fixed with the company. In case of contingent employment, the employees are usually hired when there is a specific project to complete that needs extra work force.

Unlike seasonal employment the these employments are non recurring and there is no time fixed for employment that an individual could expect.

Thus, from the above we can conclude that the given case is an example of contingent employment.

8 0
3 years ago
Narrow, specifically designated expenditures that are included in more comprehensive legislation are known as: A.earmarks.B. log
Dmitry [639]

Narrow, specifically designated expenditures that are included in more comprehensive legislation are known as earmarks

Explanation:

A reserve is an arrangement in a discretionary spending bill which directs funds to a particular beneficiary while bypassing the distribution process of merit-based or competitive funds. American and South African public finances feature Earmarks.

The allocation process gave Congress the power to allocate discretionary funds for specific programs. The allocation process was a routine part of the federal government allocation process.

For several years, they have been a central aspect of regulatory and distributive reform, an important political mechanism by which national coalitions have been built up by consensus with the intention of implementing or opposing crucial legislation. The ban' contributes to the legislative gridlock and increases the difficulty of achieving tax and immigration reforms,' as congressional appropriations disadvantaged and were ultimately prohibited.

3 0
2 years ago
When person a gains power because a has knowledge or expertise relevant to b, _______ power is demonstrated.
larisa [96]

When a person gains power because a has knowledge or expertise relevant to b, expert power is demonstrated.

Expert power is a type of power that comes from having a high level of knowledge in one's field of expertise. Expert power is relative. In other words, if two people have different levels of knowledge about a topic, the one with more knowledge has expert power.

Power refers to the ability to impose one's will against opposition from others. According to Max Weber, there are three types of legitimate authority: traditional, rationally legitimate, and charismatic.

Referee power has the ability to unite the knowledge or expertise of team members and increase their productivity. You can encourage your employees to work towards a common goal.

Learn more about knowledge or expertise at

brainly.com/question/3769428

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8 0
1 year ago
Which company is a major national credit bureau in the united states
tensa zangetsu [6.8K]

There are three main credit bureaus (also known as credit reporting agencies) servicing the United States: Trans Union, Equifax and Experian. Each bureau is independent and a competitor of each other. Because of this there could be differences between the reports of the three credit bureaus.

6 0
3 years ago
Read 2 more answers
You are planning your retirement in 10 years. You currently have $162,000 in a bond account and $602,000 in a stock account. You
UNO [17]

Answer:

Amount withdraw each year = $ 186,991.24

Explanation:

Amount accumulate at the time of retirement = FV of Current Investment in Bond + FV of Current Investment in Stock + FV of annuity deposited in bond

Amount accumulate at the time of retirement = 162000 x (1+7.5%)^10 + 602000 x (1+11%)^10 + 7800 x ((1+7.5%)^10 -1) / 7.5%

Amount accumulate at the time of retirement = $ 2,153,565.83

Amount withdraw each year = Amount accumulate at the time of retirement/Annuity factor

Amount withdraw each year = 2153565.83 / ((1-(1+6.75%)^-23) / 6.75%)

Amount withdraw each year = $ 186,991.24

7 0
3 years ago
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