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9966 [12]
3 years ago
10

Which of the following statements is correct?

Business
1 answer:
dezoksy [38]3 years ago
5 0

Answer: Option C

       

Explanation: The cost can be differentiated on the basis of subject matters as accounting cost and economic cost.

The accounting cost do not consider the opportunity cost while calculating the total cost but the economic cost does. As per the economics, total cost is the sum of explicit cost and implicit/ opportunity cost.

Explicit cost refers to the direct payment made to others while the implicit cost refers to the loss of choosing one alternative over other.

Hence from the above we can conclude that the correct option is C .

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Answer:

b. would leave the market first if the price were any lower.

Explanation:

In the market, the producer always sells more than the economic cost ( raw materials and labor cost) that he bears during production. The marginal seller means that the seller earns zero economic profit ( producer surplus) i.e. an economic cost equals the selling price. So if the price falls then the marginal seller would leave the market first because he will be indifferent when earns the zero economic profit but when the price falls he would leave the market.

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• define the market process, the command process, and the traditional process. How does each process deal with the basic questio
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2 years ago
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Answer:

The correct answer is letter "D": All of the above.

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3 years ago
John Alex, a business owner, is considering opening a second location of his
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Explanation: un have to added

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If the keyword an advertiser is bidding on is used in the ad and on the landing page, then the advertiser will receive a higher
cricket20 [7]

Answer:

If the keyword an advertiser is bidding on is used in the ad and on the landing page, then the advertiser will receive a higher Quality Score for

ad relevance.

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Ad relevance is a component that gives an advertiser higher quality score.  It is an indication that the keyword is optimized to meet the customer's search query.  It shows how closely the ad matches the customer's search because a correlation exists between the keyword, the ad, and the post-click landing page.  It is paramount to achieve ad relevance in any pay-per-click advertising (PPC), otherwise called search engine marketing (SEM) or search advertising, to justify the ad costs.

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