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Lorico [155]
4 years ago
7

Firms earning zero economic profit are

Business
1 answer:
worty [1.4K]4 years ago
3 0

Answer:

The answer is letter A. Earning normal profits because their returns on investment are equal to the opportunity costs of the time invested.

Explanation:

Because all resources are being used efficiently and there is no need to use them elsewhere.

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A school is watching students as they enter the football game for students who are
Stels [109]

The probability that the first student dressed inappropriately for the football game will be the 10th student checked is <u>3.182%</u>.

<h3>What is probability?</h3>

Probability refers to the chance that an outcome occurs given the possibility of many outcomes.

As a measure, probability represents the ratio of the outcomes from a set of equally likely outcomes.

<h3>Data and Calculations:</h3>

Estimated proportion of students dressed inappropriately = 7%

Number of players for a football game = 22 (11 x 2)

Probability that the first one dressed inappropriately will be the 10th = 0.031818 (0.07 x 10/22).

Thus, the probability that the first student dressed inappropriately for the football game will be the 10th student checked is <u>3.182%</u>.

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6 0
2 years ago
An auditor has determined a $10 million materiality level for a client's balance sheet and a $3 million materiality level for th
Andreyy89

Answer:

D. $ 3 million or more

Explanation:

Since the minimum materiality amount on individual basis is $3 million for client's income statement.

Therefore, whether it is on individually or collectively identified that there is misstatement of at least $3 Million the auditor will consider it material.

They will notify appropriate authorities regarding the misstatement.

5 0
3 years ago
Read 2 more answers
Is a measurement of the way suppliers respond to a change in price
KengaRu [80]

Answer:

Elasticity

Explanation:

Elasticity of supply is a measure of the way suppliers respond to a change in price.  

Good Luck!

3 0
3 years ago
I need help in this it’s personal finance
Lilit [14]

Answer:

it may personal finance

Explanation:

because it's is include personal site

7 0
3 years ago
In this video, kevin describes _____ as a set of integrated software modules that support nearly all of their organization's bus
salantis [7]

In this video, kevin describes ERP as a set of integrated software modules that support nearly all of their organization's business processes.

A business is an activity that makes a living or makes money by manufacturing or buying and selling products. It is also "any activity or business carried on for profit."

A company is an organization or company engaged in commercial, industrial, or professional activities. A business can be either a commercial enterprise or a non-profit organization. Legal forms range from limited liability companies to sole proprietorships, corporations and partnerships.

The definition of business is the profession or trade, the buying and selling of goods or services for profit. A business example is agriculture. An example of a transaction is the sale of a home. noun.

Learn more about business here:brainly.com/question/24553900
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5 0
2 years ago
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