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ladessa [460]
3 years ago
7

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

Business
1 answer:
AnnyKZ [126]3 years ago
3 0
In zero accounting profit takes opportunity costs into account, whereas zero economic profit does not. If a firm has zero economic profits, they are able to have positive accounting profits. A zero accounting profit means that the revenue that is made is only covering explicit costs. A zero economic profit is normal when the total revenue and expenses equal zero. 
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A new sports car sells for $40,000. The value of the car decreases by 12% annually. After how many years will it be worth half o
Marysya12 [62]

Answer:

n= 6.11 years

Explanation:

Giving the following information:

Present value= $40,000

Future value= $20,000

Decrease rate= 0.12

<u>To calculate the number of years for the car to reach a value of $20,000; we need to use the following formula:</u>

n= ln(FV/PV) / ln(1+i)

n= ln(20,000/40,000) / ln(1.12)

n= 6.11 years

8 0
3 years ago
I'm an attorney and I've been licensed to practice law in Colorado for 1 year now, but I'm thinking of moving to Minnesota. I'd
larisa86 [58]
You don't have to take it again , you just have to changed your license which you would have to pay money for
4 0
4 years ago
Read 2 more answers
What can cause the market supply curve for wireless ear buds to shift leftward (a decrease in supply)?
Nostrana [21]

An increase in the price of the plastic used to make the wireless earbuds can make the supply curve to shift left.

<h3>What is the supply curve?</h3>

This is the curve that is used to tell us of the amount of goods that the producers would be able to make available for the market at a given price.

This is shown in the fact that the increase in the raw materials for production may cause the production to fall. Hence the produces would have less to supply for the market. Therefore, an increase in the price of the plastic used to make the wireless earbuds can make the supply curve to shift left.

Read more on market supply curve here: brainly.com/question/26430220

#SPJ1

4 0
1 year ago
5
VLD [36.1K]

Answer:

FInd a co-signer with equivalent credit score.

Explanation:

Tina does not have credit history. She can receive the loan if she has a collateral or co-signer as  base for loan. But it must meet all requests. The collateral must have the right estimation and ownership. Co-signer must have required credit score and credit history.

4 0
3 years ago
Read 2 more answers
When goodyear increases its production when michelin reduces its​ production, goodyear is playing a
hram777 [196]

Answer:

A. Non- cooperative game

Explanation:

Goodyear is playing a ​non-cooperative game.

A non-cooperative game is a game with competition between individual players, as opposed to cooperative games, and in which alliances can only operate if self-enforcing

8 0
3 years ago
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