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3 years ago

The difference between zero profit and zero economic profit is that:

Business

1 answer:

Marianna [84]3 years ago

8 0

Answer:

The correct answer is letter "A": economists include opportunity cost in zero economic profit, while accountants do not include opportunity cost in zero profit.

Explanation:

Normal profit is an economic term that means zero economic profits. To an economist, this is normal since total revenue equals total cost which includes both explicit and implicit costs. It differs from the accounting profit or zero profits since the latter does not take into consideration implicit cost.

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Why microeconomics is useful in business decision making? Explain

adelina 88 [10]

Explanation: The study of microeconomics helps the decision makers to analyze and determine how the productive resources are allocated for various goods and services. It also helps in solving the producers' dilemma of what to produce, how much to produce and for whom to produce. <33

7 0

3 years ago

Read 2 more answers

You are evaluating an investment that requires $1,000 upfront, and pays $100 at the end of each of the first 2 years, and an add

Artist 52 [7]

Answer:

Multiple Choice s

IRR increases

IRR decreases

IRR remains constant

The correct option is that IRR increases

Explanation:

The initial IRR would be calculated while also the increase in cash flow from $200 to $100 in the first two years would be incorporated into computing a second IRR using IRR formula in excel:

=IRR(values)

The values for first scenario are:

Year cash flow

0 -$1000

1 $100

2 $5,100

IRR is 131%

Second scenario:

Year cash flow

0 -$1000

1 $200

2 $5,200

IRR is 138%

IRR increases by 7% (138%-131%)

3 0

3 years ago

Xyz company makes one product and has calculated the following amounts for direct labor: ah x ar = $84,000; ah x sr = $83,000; s

labwork [276]

Answer:

1,000 Unfavorable

Explanation:

AH x AR = $84,000;

AH x SR = $83,000;

SH x SR = $85,000.

Compute the labor rate variance

then,

($84,000 - $83,000) = 1,000 Unfavorable

To learn more about labor cost variance, refer

to brainly.com/question/24553900

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8 0

2 years ago

how can you use excel to assist in project risk management? what other software can help project teams make better risk manageme

dlinn [17]

PERT analysis can be carried out using Project 2002, and it can also be used with other simulation tools like Risk+.Excel can also be used with simulation software.

The intuitive interface of nTask features inviting neutral colors and is user-friendly.You may prioritize issues, evaluate potential hazards, and assign them to various team members for monitoring with this security risk management program.

There are sufficient options for businesses and budgets of all sizes, but not every tool will benefit every team equally.

If you're working with a major enterprise organization, your risk management software budget and goals will obviously be very different from those of a small agency or solopreneur.

Learn more about excel:

brainly.com/question/29329728

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1 year ago

Samuel, a longtime employee of the ABCD Corporation, was injured when he fell off a ladder while stocking widgets at ABDC at the

ozzi

Answer:

Option B. He will win

Explanation:

If Samuel is desiring to sue his employer in a circuit court because he thinks that the employer was negligent then he will have to sue under negligence Act, which says that the employer is obliged to take all necessary precautions and if found negligent then the court may apply contributory negligent theory as well as comparative negligent theory. These two negligent theories means that the employer was partly responsible for injury, which means that this would result in compensation to Samuel.

Hence it is more likely that Samuel will win the case.

7 0

3 years ago