Answer:
option (a) is correct.
Explanation:
Economic profits refers to the profits which comes out after deducting the implicit costs and explicit costs from the total revenue.
Whereas the accounting profits takes into the effect of explicit costs only.
Implicit cost refers to the loss of money income by choosing some other alternative. It is also known as the opportunity cost.
Explicit costs refers to the costs that are incurred for operating or running a business.
Accounting profit = Total revenue - Explicit costs
Economic profit = Total revenue - Explicit costs - Implicit costs
Therefore, if the implicit costs are greater than zero then the economic profits is less than the accounting profits.
Answer:
The answer to this question is Upward.
Explanation:
CSIRT is at lower level then the organizational and IT/infoSec management in the hierarchical structure.
So if the CSIRT sends some information to organizational and IT/infoSec the flow should be considered as upward flow.
Hence we that the answer to this question is upward.
Answer:
The answer is: E) modified rebuy
Explanation:
A modified rebuy happens when a company (or an individual consumer) will buy a product or service which it has already purchased in the past. But now the company wants to change either the supplier, the product's specifications or the terms of the sale.
In this case, the store owner had already bought advertising tools before, but not this type.
