Answer: When economists say that the demand for labor is a derived demand, they mean that it is: related to the demand for the product or service labor is producing.
Explanation:
Answer:
The amount realized by Casey in the exchange $ 4700
Explanation:
Fair market value of stock received = $4000
Add: cash in transaction that qualifies for deferral under section 351 = $400
Add: assumed mortagae = $600
Less: selling expense = $(300)
Amount realized by casey in exchange = 4000 + 400 + 600 - 300
= $ 4700
Answer:
an adverse effect on the company's bottom line
Explanation:
Given that profitability means the company is making success in terms of sales, and low turnover means, the company is having a lower number of employees leaving the company over a specific period compared to the number of employees recruited.
Therefore, Good interpersonal communication skills can prevent negativity, confusion, conflict and
an adverse effect on the company's bottom line.
Answer: Option C
Explanation: Implicit cost or opportunity cost is the loss of profit from best alternative that is foregone. It is the cost directly paid by the individual himself rather than paying it to others as in case of explicit costs.
Implicit costs are not deducted while calculating accounting profit but they are when calculating economic profit. These costs usually remain fixed as the alternative has been rejected already.
So, from the above we can conclude that option C is correct.