High Job Strain.
This is a type of stress experience by employees who face high demands and low rewards in their position.
The economic profit is calculated by,
Economic Profit = Total Revenue (TR) – ( Explicit Cost + Implicit Cost)
Total Revenue
Explicit Cost (Cost of land , Labor , capital) per acre = Machinery Ownership costs + Land Charge + overheads
Explicit Cost for 500 acres
Implicit Costs are not given
Economic Profit
Hence the economic profit is .
<h3>
Describe Economic Profit?</h3>
The difference between the revenue generated by the sale of an output and the prices of all inputs used, as well as all opportunity costs, is known as an economic profit. Possibility expenses and explicit costs are subtracted from earned revenues to establish economic profit. Economic profit is necessary because it helps examine an industry's financial and economic progress.
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Answer:
https://www.google.com/search?q=what+is+the+multiplier+effect&rlz=1CABUJY_enUS865&oq=what+is+the+multiplier+effect&aqs=chrome..69i57j0l7.7273j1j7&sourceid=chrome&ie=UTF-8&safe=active&ssui=on
Explanation:
Answer:
Opportunity cost is $10
Explanation:
Opportunity cost is the concept in economics that looks at the cost of doing an activity, that is the foregone alternative.
Ali decides to attend a one-hour review session in so doing he has foregone one hour's wages where he works. As one hour pays $10, he has lost $10 for attending the review session.