Another term for the word "vertical hierarchy" is "the chain of command." A vertical hierarchy is an organisational structure that looks like a pyramid. Located at the topmost portion of this "pyramid" are the executives of a company, and below it are the supervisors in different departments and divisions.
When a product is recycled back into almost the same product it's called 'reuse.' There are three R's - reduce, reuse, and recycle. When a product, such as paper, is recycled and made again into paper or a paper product, this is called reuse.
Answer:
The correct answer is: more than.
Explanation:
Economic profits calculation includes both implict and explicit costs. While implicit costs is not included in calculating accounting profits.
Since calculating accounting profits, the opportunity cost of capital is not included as a cost, that is why accounting profits is often higher than economic profits.
Accounting profits overstate profits.
Answer:
false
Explanation:
demand must be greater than supply
Answer:
True
Explanation:
The real rate of interest = Nominal rate - Inflation.
Since the actual market rate is real rate at which the goods can be borrowed or purchased, if the expected return on assets is higher than that of the real rate the capital assets shall be brought as, in this case the revenue will be higher than the normal rate, because revenue = Expected rate of return
Real rate = Cost of borrowing and acquiring
thus there will be profit.
The statement is True
