Answer: This means: "d. Your economic profit has gone down and your accounting profit has stayed the same."
Explanation: The difference between the accounting and economic benefit is associated with the type of cost that each includes:
The accounting benefit is nothing more than the difference between income and cost. In this case it is still $50000.
The economic benefit includes not only explicit costs. The economic benefit is the difference between income and total costs (explicit and implicit). Therefore, this benefit is less than the accounting benefit. Because in this case the cost of working at home is considered.
Answer: E) Many people who work for manufacturing plants live in areas in which the manufacturing plant is the only source of employment.
Explanation:
The scenario that'll make the labor union accept Richard's suggestion to lower the wages is when many people who work for manufacturing plants live in areas in which the manufacturing plant is the only source of employment.
The reduction in wages by Xanadu Industries wouldn't bring about loss.of workers as the manufacturing plant is the only industry in the area. Another way the company can reduce cost is through the reduction in its raw materials cost. If the employees aren't satisfied due to the reduction in wages, they can look for employment at Utopia Industry.
Therefore, the correct option is E.
The price at which a property won't sell.
<h3><u>What are expired listings?</u></h3>
The listing agreement has a specified end date when a homeowner hires an agent to sell a house. When this deadline passes without the house selling and without the owner renewing the listing agreement with the real estate agency, the listing expires. Similar to how potential buyers frequently include offer expiration dates when submitting offers to sellers. The offer "expires" and can no longer be accepted by the seller if the offer expiration date passes before the seller accepts.
These are four methods for obtaining leads from expired listings:
- Make Use of the Multiple Listing Service (MLS) to find expired listings
- Buy Expired Listings
- Ask Other Real Estate Agents
- Access public records.
Learn more about expired listings with the help of the given link:
brainly.com/question/14446560
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Sales Agent makes an average income of nearly 67,000 dollars approximately per year
<u>Explanation:</u>
Sales agent performs the duty of selling and distributing the products to the customer. They also provide complete services regarding the products and duly take the responsibility in clearing an issue in the product.
Sales Agents perform various roles such as;
- Provides a complete description regarding the product along with its feature.
- Interact with business officials for future sale agreements.
- Maintains a friendly relationship with their customers.
- Progress towards rapid growth in selling more products.
