Answer: Jessica's implicit costs are $46,000.
Implicit costs are the benefits that an individual gives up when they take a decision. Implicit costs are also known as opportunity costs.
In this case, Jessica will lose her salary of $40,000 each year. She will also lose the rent of $6000 a year from the building if she opens her fast food joint. So, total implicit costs are:
The statement is false. When goods are sold, their cost are transferred from finished goods to sold items.
Answer:
Alpha Kappa Psi is among the largest business student organizations on campus. Known for developing principled business leaders, Alpha Kappa Psi is the world's oldest business fraternity.
Answer:
Letter c is correct. <em><u>Is found in the bulk of leadership models.</u></em>
Explanation:
The transactional leadership style is characterized by organization, supervision and performance. It is a common leadership model in most leadership models because it is based on goal achievement.
The leader behaves like a boss, requires compliance with organizational standards, and analyzes the performance of each employee to determine the matching reward. Transactional leadership is compared to the principles of Scientific Management, there are no concerns of the manager with motivational factors that influence the team, but with the fulfillment of demands and optimal organizational flow.
Despite being a less flexible leadership model, the benefits of the model are gained through the performance reward system, which positively influences employee productivity.
Unless the bankers are serious money moochers, the lowest interest (In Total Amount) will be:
C. Daily Compound
This is the most likely because the more time you take to pay your debt the more you have to pay in interest.
