Answer:
$21,000
Explanation:
Economic profit = accounting profit - implicit cost
Accounting profit= total revenue - explicit cost
Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives. Implicit cost includes salary lost due to opening the shop and interest that could have been earned on the savings
Total explicit cost = $80,000 + $40,000 + $15,000 = $135,000
Accounting profit = $200,000 - $135,000 = $65,000
Economic profit = $65,000 - ($40,000 + $4,000) = $21,000
11x12x1x3x6x8 that is the equivalent equation
Answer:No
Explanation:Contract is an agreement between two parties,this is mainly for mutual benefit. The military giving contracts to Boeing as it's air/war planes manufacturer is to enhance the efficient delivery of it's orders and help to support the growth of the American economy helping local manufacturers develop their capacity and their competitiveness in the international market. I see the contract as Mutually beneficial to both parties expectations will be met.
Answer: c. Joanne's company functions with a high uncertainty avoidance, whereas Patrick's company functions with low uncertainty avoidance
Explanation:
This uncertainty avoidance would propel Patrick's company to be unstructured and negligent.
This is an example of the ability to write for: Internal and External Publics.
<u>Explanation:</u>
Public relations (PR) presents an important guide for a company and its commodities to assist make assured the organization has the most powerful quality of interactions and concrete public perception. Internal public relations is the conversation that demands the situation within an organization.
Internal PR plays a vital role in the company's achievement. External publics are bodies and organizations that are customers doing business with a firm or company or organization. External Publics focuses on matters concerning the values, strategies, ideas, and perspectives of the company towards different groups of personalities in society.
