Answer: d
Explanation: The service station will most likely pass along the tax to you adding the 10cents/ gallon.
This is because the service station was established mainly for profit and will have to work hard to reduce or eliminate any extra cost t it self.
Answer:
Option (d) is correct.
Explanation:
Here, the implicit cost is as follows:
Interest income she would have earned = $300
She would have a salary = $25,000
Total revenue from the business = $30,000
The total opportunity cost is as follows:
= Interest income + salary amount
= $300 + $25,000
= $25,300
Therefore,
Economic profits:
= Total revenue - Total Cost
= $30,000 - $25,300
= $4,700
Therefore, the Bev’s economic profit is $4,700.
Answer:
The correct answer is A that is Relationship oriented leadership style.
Explanation:
Relationship oriented is an approach of the leadership style in which an individual or the person focuses or aim on the general well being as well as the motivation of the team members.
In this case, Dominic is most preferred in comparison to Eva as Dominic has a pleasing personality and she is also helpful to other coworkers. So, she has a relationship-oriented style.
A communism political system favors an economic structure in which means of production are owned and monitored by the government. A communist economy means that the government will control the majority of factors centered around production. They will determine where resources should be used and what type of goods and services will be produced.<span> </span>
