Her gross income for the year would be $28,595
Answer:
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Explanation:
Answer: Accounting profits ignore implicit costs; economic profits consider them.
Explanation: In simple words, implicit cost refers to the cost of choosing the best alternative and loosing the profit that one could have earned by choosing the second best alternative.
Accounting profit is the revenue that one has left with after compensating for explicit cost but economic cost also takes into consideration the implicit one.
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Answer:
Statement 3 - I lock my medications in the store cabinet.
Explanation:
I lock my medications in the store cabinets indicates further teachings
Which prevents easy access by toddler who can mistakenly ingest doses of drugs that is dangerous to their health so parent that makes such statement shows awareness and understanding of home safety around toddlers.