Answer:
B. minus$2,000.
Explanation:
The computation of the economic profit is shown below:
As we know that
Economic profit = Total revenue - Explicit costs - Implicit costs
= $35,000 - $30,000 - $7,000
= -$2,000
The implicit cost is come from
= $70,000 ×10%
= $7,000
We simply applied the above formula so that the economic profit could come
Answer:
The answer is autonomy (Option D)
Explanation:
Autonomy in human resource management refers to the level or degree of discretion and freedom which an employee is permitted to exercise when performing his/her job. In other words, it means granting employees the freedom on how to approach work.
A manager or superior like Margie (in the question) who gives employees autonomy simply gives minimal instruction on what needs to be achieved but allows the employees to go about the job in ways that best suit them.
Answer:
The correct answer is option B.
Explanation:
The total revenue and profits of the industry as the price level increases with increase in the demand.
When there is an increase in the demand for the output of an industry, that industry will increase the production to match the increase in the demand. The increase in production will cause output level to increase.
In order to produce more output the industry will require more inputs, so the demand for inputs will increase.
An increase in the demand for inputs will be accompanied by increase in their prices.
There will not be any decline in the price of inputs.
‘The dry cleaner on the corner is an eyesore’ is a
subjective claim because a subject claim is not something that is factual
rather it is an expression or an opinion that an individual says, in which the
sentence is an example as it is an expression.
