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gogolik [260]
3 years ago
13

Looking through pages to find information that you have already identified is know as:

Business
2 answers:
makvit [3.9K]3 years ago
8 0

A.

because as you're passing the page you are scanning it and looking for the answer

Mekhanik [1.2K]3 years ago
7 0

Answer: scanning

Explanation: i said so

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Larry lives in Chicago and runs a business that sells guitars. In an average year, he receives $793,000 from selling guitars. Of
OLga [1]

Answer:

a)

1. Explicit cost

2. Implicit Cost

3. Implicit Cost

4. Explicit cost

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Economic Profit is -$3000. (a loss of $3000)

Explanation:

a)

Explicit costs are those costs incurred by a business that require an outlay of money as a result of operating a business.

Implicit costs, on the other hand, are the costs that do not require an outlay of money as a result of operating a business. They are instead the opportunity costs of operating a business or the benefits that are foregone.

1. The wages and utility bills are a result of operating a business and requires and outlay of money as their payment. They are <u>explicit costs.</u>

2. The rental income could have been earned if Larry rented the showroom he is using to operate his business from. The rent foregone is an opportunity cost and is an <u>implicit cost.</u>

3. The salary Larry could have earned is also something that Brian has to forego to operate his business and is an <u>implicit cost.</u>

<u />

4. The cost of purchases paid to manufacturer requires outlay of money and is an <u>explicit cost.</u>

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b)

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Accounting Profit = 793000 - 430000 - 301000 = $62000 profit

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You cant change your name unless you message the mods and say it has personal information or give them a reason y you want to change it. Same i wish I changed mine. lol

Explanation:

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Transferring responsibility of operations to another authority (such as, un observers, multinational peacekeeping forces, or nat
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