Answer:
economic profit = $11225
Explanation:
given data
sells = 975 units
cost = $30 per unit
cost of producing goods = $15
implicit costs = $3,400
solution
total revenue = 975 × 30 = $29250
and total cost = 975 × 15 = $14625
so here Total profit will be as
Total profit = $29250 - $14625 = $14625
so here economic profit will be
economic profit = Total profit - implicit costs
economic profit = $14625 - $3,400
economic profit = $11225
1. Respectful treatment of all employees at all levels
2. Trust between employees and senior management
3. Job security
Hope that helps :)
Answer:
B) False
Explanation:
The correct phrase should be:
Generally speaking, oligopolistic industries producing raw materials and semifinished goods usually offer standardized products, while oligopolists producing consumer goods usually offer differentiated products.
An example of an oligopolistic industry that we all know about is the car industry. There are very few car companies in the world since only very large companies can actually manufacture cars. Car companies offer differentiated products.
Answer:
SO expected return on Mkt Portfolio Rm = 10.75%
Explanation:
market degree of risk aversion A = 3
Var = 0.0225 = SD^2
Rf = 4%
What is expected return on Mkt Portfolio ie Rm??
According to CAPM, Rm-Rf = A*SD^2
where SD is Std Dev (Recall SD^2 = Variance)
A is market degree of risk aversion
So we have Rm-4% = 3*0.0225
ie Rm = 4% + 3*0.0225 = 10.75%
SO expected return on Mkt Portfolio Rm = 10.75%
1. Kellogg's is likely to experience Reduced turnover when compared with other companies that do not promote diversity
2. He likely to report about his shares of stock, Since the implementation of the diversity strategy, my shares have increased in value.
Explanation:
Benefits of good diversity management are -
- Harmonious working conditions
- Better involvement of employees
- Improved performance of employees
- Improved manufacturing processes
- Enhanced product quality
- Retained sales (i.e. higher level of employee retention)
Good management of diversity means greater profit and a better brand image.
Turnover is the replacement of an employee with a new hire throughout the realm of human resources. Turnover means a proportion of the employees who leave the company for a certain period of time.