Answer:
Accounting profit is the difference between total revenue and accounting cost in which the accounting cost is containing only the explicit cost incurred. Economic profit is the difference between total revenue and total opportunity cost, the latter containing both the explicit cost and the implicit cost incurred.
Accounting profit = revenue - explicit cost
Accounting profit = 125,000 - (10000 + 20000)
Accounting profit = 95,000
Economic profit = accounting profit - implicit cost
Economic profit = 95,000 - (75000 + 5000)
Economic profit = 15,000
This implies that while accounting profit does not undertake implicit cost of economic activity (cost for which no explicit payment is made separately), economic profit does deduct them. Now economic profit is positive, Jolene should open Little Barks.
Answer:
a
Explanation:
how to make the best of it and I will be there at last minute but I am not sure if I can make it to the meeting tonight but I will be there at last minute.
Answer:
Lenders don't like risk because it can lose them money, so they're cautious on who they're lending to. They do this by checking people's credit history. They prefer people who have longer credit history even with a few blemishes that are corrected rather than lending to people who have a short clear history mainly because they have little to no experience and can be unpredictable what they may do.
Explanation:
Answer:
The answer is: analytical decision making style
Explanation:
Analytic decision makers like to examine a lot of information before making a decision. In order to make a decision they will try to rely on their direct observation, different data sources and all the the facts they can gather. It is common for them to seek help from others to help them make a decision. They have a high tolerance for ambiguity but still like to control most aspects of their decision making process. The biggest issue with this kind of approach is the long time it takes.
Aptitude, by definition, is the natural ability of a person to do something like talent, while interest by definition is in which what a person likes to do. There is a difference in what you can do and what you want to do. Therefore, in choosing a career, it is important to based it on your aptitude because it will come naturally and raw.
