Answer:
$55,000
Explanation:
The opportunity costs corresponds to the benefits an investor loses when opting for one alternative over another. In this case, assuming Paula has to quit her job in order to start the new business, the opportunity cost is her current salary since this is the only "benefit" she would miss by starting the new business. Therefore, the opportunity cost is $55,000.
The answer to the given question above would be Profit Margin. On the given scenario above, since they will be offering different kinds of services at once, what they should pay attention to is the profit margin or the net margin. Profit margin serves as the measurement of profitability. This is expressed in percentage and shows how much the return sales are that are generated by the company based on the amount they have initially invested.
Answer:
I'm figuring this out for you!
Explanation:
Answer: buying more labor and less capital.
Explanation:
Marginal Physical Product tells us about the efficiency involved when an additional unit of labor is added to the production system. It should be noted that in a production system, when there is a change in the input such as labor and capital, the output will be affected.
In this scenario, we are informed that The MPP of labor divided by its (labor's) price is greater than the MPP of capital divided by its (capital's) price. Therefore, costs can be minimized when more labor is bought and less capital.
Answer:
The answer is: ECMC can not resume its efforts to collect Hann's loans.
Explanation:
Hann filed a Chapter 13 bankruptcy filing in order to adjust her loans, but student loans are not dischargeable in bankruptcy filings.When ECMC tried to collect unpaid loans on Hann, she was able to proof on court that she had already paid those loans. After the court entered an order sustaining Hann's claim, ECMC can not resume its effort to collect those loans.