.Answer:
B) explicit cost of producing goods and services.
C) implicit cost of producing goods and services.
Explanation:
We know,
Economic profit = Total revenue - the explicit cost of producing goods and services - the implicit cost of producing products and services.
On the other hand, accounting profit = Total revenue - Total explicit cost
Through economic profit, a country or an industry can measure profitability after deducting monetary and opportunity costs from revenue.
Therefore B and C is the answer.
Answer:TRUE
Explanation: Standard deviation is the rate of spread of numbers or values around the Mean of the numbers or values, it can also be described as the square root of the variance of a set of numbers or values. In financial analysis, the rate of return is the amount net income of a business entity over a given period of time. A risk averse investor is an investor who will try as much as possible to avoid risk even with high profit investment.
So for a risk average person to take on the investment with higher standard deviation it means the rate of return will be Higher.
Answer:
A.You should go home and watch TV.
Explanation:
You should go home and watch TV because it is the activity that represents the highest value of the three.
It means that it is also the activity that has the lowest opportunity cost among the three, because any other alternative is less valuable to you.
The three levels that an organization should have when it
comes to data classification that is accessed by its users on a small network
are the following;
High security – passwords and encrypted folder are being
provided for access
Medium security – not all the data that is shown are all accessible,
there is a presence of limited access.
Low security - a presence of public folder in the given data
Answer:
decrease; increase
Explanation:
Because of the invention of the new technology which is the invention of the cotton gin, the production of the cotton boomed. This also means that the production of the cotton rise which as a result, would make the supplies higher and due to higher supplies, there would be reduction in the price of the cotton. Since, mentioned all factors remain constant which means demand remain constant, so
The equilibrium price of the cotton would be expected to decrease and the equilibrium quantity of cotton would be expected to increase.
