You decided that the interviewees should answer, Borh WAN and LAN. This was the correct answer because the LAN or Local Area Network devices permit corporation computers to join with one another, with printers and copiers, and with the Internet. While WAN or Wide Area Network devices links the computer from site to site since GearUp has headquarters in several sites.
Answer:
The correct answer is B
Explanation:
Economic profit is the difference among the revenue received from the sale of the output and the cost of all inputs used and opportunity cost.
Zero economic profit, it is the situation where the firm is earning the same if its resources were employed in the next alternative which is best.
When the entry barriers in the market are low, then the firm will have the tendency of having a zero economic profit in the period of long run, as the profit which is short run will attract the extra suppliers which will result in down in the market price of the product.
Answer:
Accounting costs $145,000
Implicit costs $75,000
Opportunity costs $220,000
Explanation:
What her accounting cost will be during the first year of operation.
Based on the information given we were told that the annual overhead costs and operating expenses amounted to the amount of $145,000 which means that the amount of $145,000 will be the ACCOUNTING COSTS
Her IMPLICIT COSTS will be the amount of $75,000 which is the amount she earn in her current job per year.
Her OPPORTUNITY COSTS be the addition of both her Her accounting cost and implicit costs
Hence,
Opportunity cost=$145,000+$75,000
Opportunity cost=$220,000
<u>Answer:</u>
1. As mentioned in Chapter Case 1, Twitter struggles to Increase its user base, which hinders its quest for a competitive advantage.
Answer : Increase its user base
2. Black Swan events are incidents that describe highly improbable but highly impactful events.
<u>Explanation:</u>
1. There are various other social media platforms so Twitter faces difficulty in increasing its user base. When there are less users in the market for social networking then the current users will also stop using the platform so the company may loose its competitive advantage in the social networking market.
2. Black Swan events are uncertain events which happen rarely and also expected to have severe outcomes of the events. Many black swan events reduced the public's trust in business as an institution. It has also turned their ideas against capitalism as an economic system.
<span>Choice (A) is the correct answer. When an economy is expanding, the country will be able to purchase more products from foreign businesses, while also being able to produce more products. This will, in turn, cause the trade deficit to rise while still keeping productivity at the required high level.</span>
