The answer of the question is True.
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Answer:
a or b hope it help ok thank you
Answer:
The economic profit=-$3,000, there is incentive to exit market
Explanation:
The economic profit can be defined as the difference between the revenue from sales and the total cost including opportunity cost. This can be expressed as;
P=R-(C+O)
where;
P=economic profit
R=total revenue
C=total input costs
O=opportunity cost
In our case;
R=$6,500
C=(2,100+3,100+100)=$5,300
O=$3,200
replacing;
P=6,500-(5,300+3,200)
P=6,500-8,500=-3,000
The economic profit=-$3,000, there is incentive to exit market
Answer:
B. Criminal gangs
Explanation:
Cloward and Ohlin are two criminologists who sought to explain the different kind of criminal cultures as it was in their time. The suggested three subcultures which are;
1. Criminal gangs
2. Conflict gangs
3. Retreatist gangs.
In this case, we are concerned with the criminal gangs. The criminal gangs involves organize crime, where youths are being cajoled by criminals into starting their own criminal careers promising wealth and material success. This group is made up of individuals looking for illegal means to make wealth like thieves, mafias and so on.
Answer:
3. Planning, and controlling & evaluation are considered as the two sides of a coin. Discuss why they are considered like this with examples
Explanation: