Based on the information given, it should be noted that the economic profit generated will be $14000.
Economic profit is simply calculated as:
Total revenue - Implicit cost - Explicit cost.
= 60000 - 44000 - 30000
= 14000
Implicit cost was calculated as:
= 30000 + 12000 + 2000
= 44000
In conclusion, the correct option is $14000.
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Rising gas prices will result to Americans opting to find other means of transportation that costs less. Instead of driving, they may decide to ride public transport, walk, or ride a bike. Others who can afford to will opt to buy cars that is more fuel efficient. This means that they will still be driving but the car will burn lesser gas compare to before.
High gas prices will not only rely on how much it costs to produce it but also on how much the consumers are willing to pay for the fuel. If consumers demand less fuel, in the long run, gas prices will go down.
Answer:
maybe a zookeeper. because you gotta know how to give the animals the food. the natural resources might be giving the animal water.
Explanation:
Answer:
Honestly nothing much unless you consider them to keep populations low of over populated animals.
Explanation:
Strong legs and huge front claws are used for digging, and long, sticky tongues for extracting ants and termites from their tunnels. In addition to bugs, armadillos eat small vertebrates, plants, and some fruit, as well as the occassional carrion meal. Armadillos are the only mammals that have protective armor. The mammals are known to dig up insect larvae for food, and it's possible they will compete for such meals with resident animals such as skunks. Armadillos have also been known to raid the nests of various species and so could harm populations of ground-nesting birds such as quail.
