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sergij07 [2.7K]
3 years ago
6

Adamis the owner/operator of a flower shop. Last year he earned $250,000 in total revenue. His explicit costs were $175,000 paid

to his employees and suppliers (assume that this amount represents the total opportunity cost of these resources). During the year he received three offers to work for other flower shops with the highest offer being $75,000 per year. Which of the following is true about Adam's accounting and economic profit?
A. Accounting profit = $175,000; economic profit = $75,000.
B. Accounting profit = $75,000; economic profit = negative $100,000.
C. Accounting profit = $0; economic profit = negative $75,000.
D. Accounting profit = $75,000; economic profit = $0.
Business
1 answer:
Phoenix [80]3 years ago
3 0

A is the correct answer

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Answer:

Option (b) is correct.

Explanation:

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Create a list of rules to help you collaborate as a team, including expectations about meetings, communication, course work, con
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Answer:

Ground rules helps a team set a guiding course in achieving their team objectives and goals.

Ground rules helps team members to know what is acceptable and what is frowned at.

<em>Example of grounds rules includes:</em>

<em>Lateness to meeting is unacceptable</em>

<em>Communication must be formal and documented</em>

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Explanation:

Ground rules helps a team set a guiding course in achieving their team objectives and goals.

Ground rules helps team members to know what is acceptable and what is frowned at.

<em>Example of grounds rules includes:</em>

<em>Lateness to meeting is unacceptable</em>

<em>Communication must be formal and documented</em>

<em>Conflict resolution must be done and addressed by the leadership of the team</em>

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4 years ago
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5 0
3 years ago
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