Answer:
<u>$1,300</u>
Explanation:
Only the cost that are directly related to the business conference is to be deducted as Melissa's business tax. Sightseeing cost is therefore not part of her original plan. The business related cost are therefore;
- <u>$400 for round-trip airfare to San Francisco</u>
- <u> $250 fee to register for the conference,</u>
- <u> $300 per night for three night’s lodging,</u>
- <u> $200 for meals, and</u>
- <u> $150 for cab fare.</u>
A summation of this cost would give $1,300 as the amount of the total costs that can Melissa deduct as business expenses.
Answer:
A. becomes positive once the value of the next best use of resources used in production is included
Explanation:
Economic profit is accounting profit less implicit cost or opportunity cost.
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Accounting profit is total revenue less total cost.
If in the short run firms are earning economic profit, in the long run firms would enter into the industry and this would drive economic profit to zero. While economic profit is zero, accounting profit would be postive. So the firm would still be earning accounting profit.
I hope my answer helps you
Answer:
B) 790-700r
Explanation:
Aggregate Expenditure is the expenditure by all the sectors of economy. By Households = Consumption (C), By Firms = Investment (I), By government = Govt spending (G) & tax leakages (T), By Rest world = Next Exports (NX).
Autonomous Expenditure is the level of expenditure in economy, which doesn't depend on level of Income = Y.
AE = C + I + G + NX
[500 + 0.8 (Y-150) - 300r] + [200 - 400r] + 200 + 10
500 + 0.8Y - 120 - 300r + 200 - 400r + 210
500 - 120 + 200 + 210 - 300r - 400r + 0.8y
790 - 700r + 0.8y
As, it can be seen that the part of AE = '790 - 700r', excluding '0.8y' : is not dependent on Income Y. So, it is Autonomous Expenditure
Answer:
d. industry newcomers use introductory low prices to attract buyers and build a customer base
Explanation:
Competitive strategy of a low-cost provider seeks to create prices that are low so that competitors can not meet or exceed consumer savings for good or service of the same quality. A competitive strategy to be the low-cost provider in an industry works well when:
Industry newcomers use introductory low prices to attract buyers and build a customer base
When buyers incur low costs in switching their purchase from one seller or brand to another or when commodity based products prevails and minimal differential exists
Data collection method which enables the practitioner to learn more about communication patterns, leadership issues, or ineffective conflict resolution strategies in the team is observation.
Observation is way of gathering data by watching the different behavior, events, or by noting the physical characteristics in their natural setting.
Observations can be overt , the technique in which everyone knows they are being observed or it can be covert in which no one knows they are being observed and the observer is concealed.
The benefit of covert observation is that people are more felt to be behaving naturally if they do not know they are being observed. However, observer will typically need to conduct overt observations because of ethical problems related to concealing his observations.
To know more about observation here:
brainly.com/question/28041973
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