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3 years ago

Explain the difference between implicit and explicit costs

1 answer:

5 0

Explicit costs are reported in business documents. They are also known as direct costs. Explicit costs result in tangible assets for the company. Some examples are: rent, wages, maintenance. Explicit costs are easier to identify and account for because they leave a paper trail.

Implicit costs can be described as opportunity costs. Implicit costs deal with intangibles and do not leave a paper record. Implicit costs can be time or wasted opportunities, for example. An implicit cost is simply the loss of a possible benefit or asset that didn't occur.

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Each of the following is a sign of an unhealthy friendship except

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Plz post a photo or answer choices of the problem

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4 years ago

The mechanical and chemical receptors that control digestive activity are located ________. in the oral cavity in the walls of t

stiv31 [10]

Answer:

The correct answer is <em>in the walls of the tract organs</em>.

Explanation:

The regulation of digestive activities is carried out by intrinsic (systemic) and extrinsic nerves, as well as digestive hormones. And as in the rest of the regulatory systems, sensorial receptors, integration systems and effectors (cells that execute the regulatory response) participate. In vertebrates, this regulatory system overlaps the basic activity of the smooth muscles of the digestive system, modulating it, in addition to exerting other effects.

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3 years ago

Pedro was tasked with creating the marketing message for the company’s new product line. Before he begins to craft his marketing

svp [43]

Answer:

how to create value for customers ???

Explanation:

The American Marketing Association, the official organization for academic and professional marketers, defines marketing as:

"Marketing is the process of planning and executing the conception,

pricing, promotion and distribution of ideas, goods and services to create

exchanges that satisfy individual and organizational objectives "

Marking is all about Understanding What Customers Value and how to provide it to them.

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3 years ago

Read 2 more answers

As a marketing manager for Kitch-It-Tools, Jim is frustrated with the way his organization markets their kitchen utensils. Curre

slavikrds [6]

Answer:

Mass marketing.

Explanation: Mass Marketing is a marketing technique where the Organisation puts focus on a large number of persons, in this case the Organisation uses mass marketing approaches like the use of print media,Electronic media(television,radio) etc.

Jim is trying to propose a relationship marketing approach, which will help the Organisation to have dialogue with its customers and thus enhance its profitability.

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3 years ago

While all members of the Federal Reserve Board of Governors vote at Federal Open Market Committee (FOMC) meetings, only______ of

goblinko [34]

Answer:

(i) 5

(ii) Option (A) is correct.

(iii) Open market operations; sell

Explanation:

(A) The Federal Open Market Committee consists:

(i) 7 members of the Board of Governors

(ii) 5 of the 12 regional bank presidents

Therefore, only 5 of the regional bank presidents are the members of FOMC.

(B) The fed is lender of last resort to the banks in the united states which don't have any other source of borrowing.

(C) Open market operations refers to the buying and selling of government securities to the public. The central bank of a particular nation uses open market operations as a monetary policy instrument for controlling money supply.

If the fed wants to decrease the money supply in the economy, then it must sell the government bonds to the public. Hence, there is a reduction in the money supply.

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3 years ago