<span>this assumption is false. Liquidity of money refers to the ease with which the owner of an asset can convert it into cash. it is easier to convert common stocks into cash rather than attempt to raise cash from sale or mortgage of real estate assets.</span>
Answer:C
Explanation:it has become an inferior good because people buy more of it when the have lower income.
Answer:
B. Expert power
Explanation:
Based on the information provided regarding this scenario it can be said that the faculty member was using Expert Power. Expert Power is defined as the use of expert knowledge in order to get a subordinate to follow an instruction or order. Which in this specific scenario, the faculty members unique knowledge and experiences regarding Costa Rica allowed the other faculty members to look to him for guidance when dealing with topics revolving around Costa Rica.
Answer:
The correct answer is letter "C": accountants consider explicit costs only.
Explanation:
Explicit costs are those necessary for the operations of the company such as wages, rent or raw materials. Implicit costs are the opportunity costs companies as a result of giving up factors such as purchases or qualified employee hires.
<em>The </em>accounting profit<em> of a company is calculated by subtracting the explicit costs from the firm's total revenue. The </em>economic profit<em> is computed by subtracting the result of adding the explicit and implicit costs from the company's total revenue.</em>
Answer: C. it's a good time to buy the wood.
Explanation:
$500 = 738NZ dollars, therefore 738 NZ dollar ÷ $500 = 1.476NZ dollar
The current exchange rate is $1 = 1.476NZ dollar
10 foot slab costs $5000, Tee Golf Resort will pay $ 3387.53 ($5000/1.476NZ)
if they import wood from New Zealand. Tee Golf Resort will pay less than $5000 if they import Wood from New Zealand at the current exchange rate. This is a Good time for them to import woods
