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Feliz [49]
3 years ago
13

What is the difference between factor payments and profits

Business
1 answer:
Mariana [72]3 years ago
3 0

Answer:

here is some differences which is

Explanation:

Yet, just as we differentiate between daily use and the traditional sense of economic terms, a number of economists–and Econ textbooks–introduce a concept known as "economic profit." While the difference between the revenues of the companies and the costs of the factors they generate is natural, or accounting, income is the difference between the revenues of the company and the costs of those factors. Since it consists of the comparison of alternatives, economic benefit is seen as a reward for business— the making of economic decisions and taking of risks. Some go so far as to describe enterprise as a separate output factor,

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Police radar equipment is used to detect the speed of objects. In one trial, the radar equipment records a stationary tree as tr
Ganezh [65]

The measurement problems that exist in the radar equipment are accuracy , reliability

<u>Explanation:</u>

There are two different kinds of Radar that is being used such as rotating- antenna radar and  traffic radar. The type of radar that is being used by police contains a stationary single antenna. this will be pointing in one direction. The signal that is modulated will not be sent. There will not be any cathode ray screen for displaying the collected information.

As the antenna points only one direction it can measure only the speed of those object that is either moving towards or away from the radar. It cannot sense the kind of object that it is measuring and it could not also tell the direction in which the object is travelling. Hence, the reliability and the accuracy are the main measurement problems.

3 0
3 years ago
What is the value to a start up business of using primary marketing research
KengaRu [80]

Answer:

By conducting primary research using unbiased panellists, entrepreneurs can gain the latest information about the consumer's wants and needs, allowing them to adapt their product or service accordingly and gain a competitive advantage.

Explanation:

7 0
2 years ago
on december 1, bright company receives a 6% interest-bearing note from galvalume company to settle a $20,000 account receivable.
andreyandreev [35.5K]

At December 31, bright should record interest revenue of $100. Money gained by lending money or money acquired from depositing or investing can both be referred to as interest revenue.

Is interest revenue a liability or an asset?

If a company anticipates receiving the interest payment within the year, it typically records the interest receivable as a current asset on its balance sheet. Companies that collect interest from loans view this revenue as a significant source of income that belongs at the top of the income statement. It is the price of taking out a loan from a bank, financial institution, bond buyer, or another lender. In order to assist a business finance its operations, such as the acquisition of rival businesses or machinery, plant, and property, interest expense is incurred.

To learn more about interest revenue, refer to:

brainly.com/question/27992328

3 0
1 year ago
_________________ are the most restrictive of the restrictions in place for the land's use.
valkas [14]

Developer's Covenants are the most restrictive of the restrictions in place for the land's use.

What developers use restrictive covenants for?

Restrictive covenants are frequently used by land developers to divide the land for residential complexes. After platting the subdivision into lots, blocks, and roadways, a property developer will put some restrictions on how the lots in the development can be used.

Do restrictive covenants expire?

Only after a covenant has been broken for at least a year without receiving any complaints is it possible to purchase restrictive covenant indemnity insurance. However, if purchased, the policy will endure forever and can frequently be transferred to new owners of the property.

Learn more about restrictive covenants: brainly.com/question/18523077

#SPJ4

6 0
1 year ago
Juniper Enterprises sells handmade clocks. Its variable cost per clock is $16.80, and each clock sells for $28. Calculate Junipe
Soloha48 [4]

Answer:

For Juniper Enterprises to breakeven it must sell 607 units

Explanation:

To break-even means making sales where the proceeds from sales transactions equal the amount of total costs incurred,hence no gain no loss situation.

Break-even point in units=fixed cost/contribution per unit

fixed costs incurred is $8,400

contribution per unit=selling price per unit -variable cost per unit

selling price is $28

variable cost is $16.80

contribution per unit=$28-$16.80=$11.2 0

break-even in units =$6,800/$11.2 0=607 units

8 0
3 years ago
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