Answer:
<u>A. Plans for making commodities available for sale or trade</u>
Explanation:
- As a market is a place where all the goods and commodities are brought for sale the products and services that exist in the market or on the market are those that brought for the consumption by the people.
- This involves the plans for buying and selling in the market to get a good amount of returns. Off the market means the properties that are for sale but are not available for the purchase. Hence the products are based on the availability of the market conditions.
Answer:
$21,000
Explanation:
Economic profit = accounting profit - implicit cost
Accounting profit= total revenue - explicit cost
Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives. Implicit cost includes salary lost due to opening the shop and interest that could have been earned on the savings
Total explicit cost = $80,000 + $40,000 + $15,000 = $135,000
Accounting profit = $200,000 - $135,000 = $65,000
Economic profit = $65,000 - ($40,000 + $4,000) = $21,000
Commuting - Traveling to get to work
Telecommutting - A form of flexplace...
Flextime - Flexibility in when you work
Flexplace - Flexibility in where you work
Answer:
Payment History
Explanation:
The credit score is highly dependable under the behavior of the payment history as creditors ultimate goal when using this grade is to assure that the money that is lend will be returned by the borrower.
Answer:
D. A and C only
Explanation:
According to the law of supply: There is a direct or positive relationship between price of goods & services and quantity supplied in the market. It says that if price of goods increases in the market, then supply of goods also increases, which help the supplier to gain more profit out of high price in the market. It show upward slope of supply curve in the graph, which is positive relation of quantity supplied and price of goods.
