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3 years ago

An example of an explecit cost of production would be

Business

2 answers:

vfiekz [6]3 years ago

8 0

Answer:

The cost of renting capital equipment like machinery for a business or the salaries paid to workers.

Explanation:

An explicit cost is an expense that is actually incurred by the business, meaning cash outflow. These costs are incurred to ensure that the business continues operating and the cash outflow reduces the cash balances of the business. Examples of such costs are like rental expenses and salary expenses. An implicit cost is the best alternative use of cash by the business that is not taken. An example would be: a business uses its cash to buy inventory instead of investing in fixed income securities. In this case, the implicit cost of using its cash resources is the foregone interest income that could have been earned from the interest bearing securities.

Pavel [41]3 years ago

3 0

An example would be
The Cost of flour for a baker

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3.1. Explain which of the following approaches to strategy formulation is more likely to generate economic profits: (a) evaluati

Radda [10]

Answer:

Option B.

Explanation:

Employing internal based resources gives a better competitive edge to an organisation as those resources are already in place. This eliminates extra cost of getting new funding or resources as in option A.

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3 years ago

Economics: Which one of the Fed actions in Part 1 might be more difficult if U.S. currency still consisted of demand notes rathe

enyata [817]

Answer:

E. Quantitative easing and Buying short-term U.S. Treasury securities

Explanation:

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2 years ago

Which economic tool would most likely be used as part of a contractionary

Inessa05 [86]

Answer:

O B. Raising interest on reserves

Explanation:

The Federal Reserve expects banks to keep a percentage of customer deposits as reserves. The reserves cater to both the normal and unexpected withdrawals. The Federal Reserve (Fed) also uses reserve requirements as a monetary policy tool.

Interest on reserves is one of the monetary policy tools that the Fed uses regularly. The Fed pays interest on any excess reserves held by the banks. Increasing the interest paid on reserves encourages banks to hold more money. Decreases the interest prompts the banks to lend out more. Contractionary monetary policies are measures aimed at decreasing the money supply in the economy. Increasing interest on reserves increases money held in the banking sectors, thereby slowing down money circulation.

5 0

3 years ago

Panda Company is owned equally by Min, her husband, Bin, her sister Xiao, and her grandson, Han, each of whom hold 100 shares in

otez555 [7]

Answer:

300 shares

Explanation:

Based on Family attribution rules the rules often requires that the family attribution should occur between parents, their children and grandchildren, regardless of their age.

But based on the information given in which Panda Company is owned equally by Min, her husband, Bin, her sister Xiao, and her grandson, Han in which each of them hold 100 shares in the company which means Under the family attribution rules we would excludes Min sister Xiao from the shares.

Hence, the shares of Panda stock that Min is deemed to own will be:

Min +husband Bin + her grandson Han =3 individual

100 shares ×3=300 shares

Therefore Under the family attribution rules, 300 shares of Panda stock is what Min is deemed to own

7 0

3 years ago

Rey bought 10 shares of Apex Co. for $17 each and later sold all of them at

cluponka [151]

Answer:

C. Capital Loss

Explanation:

When the selling price of an asset like bonds etc exceeds it purchase price then the capital profit will be the difference between sale and purchase price.

But if the purchase price is greater than the sale price the difference is called Capital loss.

Example: if we buy 100 shares for $20 each and after a year sell them for $ 18 then the difference is called the capital loss.

6 0

3 years ago