The police report is extremely important in terms of a collision. It's the official account of what happened or, Choice A—it's what matters in court, or for insurance purposes.
Based on the information given, it should be noted that the economic profit generated will be $14000.
Economic profit is simply calculated as:
Total revenue - Implicit cost - Explicit cost.
= 60000 - 44000 - 30000
= 14000
Implicit cost was calculated as:
= 30000 + 12000 + 2000
= 44000
In conclusion, the correct option is $14000.
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<u>The extent to which the industrial revolution marked a turning point in women’s rights in America- evaluation:</u>
Before Industrial revolution, Women’s roles were restricted to be Children’s care taker, housekeeping and cooking inside the homes. Only after 1800, Women realized opportunities outside home. In mid 1800, Women initially started to work for health reform. With the onset of Industrial revolution, there was a marked change in Women’s lives as they started earning for their economical needs like buying clothes, food etc.
Though the cult of domesticity was changed from Republican motherhood, women were still were treated as property of women as men hold complete rights on properties. Women were made to earn only half of what men earned. Following the great awakening after 1830, women began to publicly advocate for equal rights. Hence, it would be right to say that the advent of industrial revolution has made a marked change in Women’s lives to a great extent.
