Answer:
It will incur an Opportunity cost of $8,000.
Explanation:
It will incur the opportunity cost of $8000 because the additional unit produces by the company then the additional revenue that is generated will be equal to the amount (25 - 20) x 12,000 = 60,000. Since the additional cost, that incurs for the production of 12000 units is 52000. Therefore the profit earned is $8000.
So if the company does not produce it then it will lose the profit of $8000.
An authorization to start a business issued by the local government is a business license. A business license allows a person to run a business legally. The license is used for tax purposes with the government and so the government can control and regulate the business on the legal side. If you do not have a business license, then you are a sole proprietor and running the business for tax purposes from your social security number.
Answer:
19 years
Explanation:
the 19th year your money will triple and be worth 3.0256 times the original sum.
Answer: A. go beyond meeting society's expectations for ethical strategies and business behavior by fostering social benefit and balancing the interests of all
Explanation:
Good Corporate Citizens care about the integrity of the Business world and the trust people should have in it.
To then it is imperative that they help foster social benefits as well as financial benefits for all to partake in and enjoy from.
Answer:
P = 380
Explanation:
At equilibrium, we have:
Qs = Qd
Since Qs = 1,050 and Qd = 2,000 – 2.5P, we therefore have:
1,050 = 2,000 – 2.5P
We now proceed to rearrange and solve for P as follows:
1,050 - 2000 + 2.5P = 0
2.5P = 2,000 - 1,050
2.5P = 950
P = 950 / 2.5 = 950 ÷ 2.5
P = 380
Therefore, the equilibrium price 'P' is equal to 380.
