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CaHeK987 [17]
4 years ago
8

Suppose a soccer coach has been making $25,000 per year but gives up his coaching job in order to make lace dollies. If his reve

nue from the sale of these dollies is $50,000 and his materials cost $20,000, then his economic profit is?
Business
1 answer:
Andru [333]4 years ago
7 0

Answer:

$ 5000

Explanation:

Economic Profit = Revenue - Cost of Material - Opportunity Cost

Economic Profit = 50,000-20,000-25,000

Economic Profit = $5000

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What type of trading earns you money when you accurately predict that a stock will lose value? Ticker parade Yielding Charting T
Juli2301 [7.4K]

Answer:

Selling short

Explanation:

Selling short is the answer,it simply means that an investor or a trader will make profit when prices of commodities goes down. In other words it the opposite of going long where investors make money when prices rise up

6 0
3 years ago
Marci spends 8 hours researching and writing a 26​-page report for her philosophy class. Jack brags that he has a​ "streamlined
Leno4ka [110]

Answer:

Productivity is measured by the amount of output per unit of input.

In this case, the inputs will be the hours spent doing research and writing their essays. Output will equal the amount of pages written.

Marci spent 8 hours and wrote a 26 page long report, so her productivity = 26 pages / 8 hours = 3.25 pages per hour

Jack spent 20 hours and wrote a 26 page long report, so his productivity = 26 pages / 20 hours = 1.3 pages per hour

Marci is much more productive in terms of hours spent doing and writing, and how long the report is.

The problem with this type of analysis is that we do not know if Marci's report was good or bad, and the same applies to Jack's. Since we do not know what grade they got, we cannot be sure how effective their work was.

7 0
3 years ago
Chance Co., the parent of a US-based MNC, uses fundamental forecasting to estimate future values of exchange rates. Suppose that
Ghella [55]

Answer:

d. An increase in the value of the pound by 0.6 percent

Explanation:

Given :

Regression equation :  $e_{bp}=b_0+b_1Inf_t+\mu_t$

Change company estimates that $b_0$ to be 0.0 and the value of $b_1$ to be 0.6.

Now, ebp = 0.6 x inf + μt     ----------------- $b_1=0.6$

When Inf = 1 (assume that the error term is 0)

ebp = 0.6 x 1 = 0.6

That is it is an increase in the value of pound by 0.6% with the one unit increase in the $Inf_t$.

Therefore, option (d) is correct.

6 0
3 years ago
Which is an example of a withholding you might see on your pay stub?
Mekhanik [1.2K]
Both A and B so answer C.
4 0
4 years ago
. Two firms, A and B, each currently emit 100 tons of chemicals into the air. The government has decided to reduce the pollution
melomori [17]

Answer:

The answer is: B) Firm A will emit 20 fewer tons of pollution into the air, and Firm B will emit 100 fewer tons of pollution into the air.

Explanation:

Firm A should buy all of firm B's pollution permits, (for 40 tons total). Firm B will make a profit if it sells its 40 pollution permits for more than $100 each, and firm A will reduce costs if it can buy pollution permits for less than $200 each.

After they trade, firm A will be able to emit 80 tons of pollution to the air (40 + 40) and firm be will emit 0 tons of pollution.

5 0
3 years ago
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