Answer:
Implicit costs do not require a direct monetary outlay by the firm, whereas explicit costs do.
Explanation:
Rent, salary, and other operating expenses are considered explicit costs. They are all recorded within a firm's financial statements, meaning they are present and clearly shown or reported as a separate cost. The main difference between the two types of costs is that implicit costs are opportunity costs, meaning that it is present but it is not initially shown or reported as a separate cost, while explicit costs are expenses paid with a company's own tangible assets. In other words, explicit costs are always shown, implicit costs are not, at least initially, exactly like the meaning words suggest.
If capital grows at a rate of 5%, then this will cause output to grow at a rate of 1%.
Given,
Labor's share of output = 60%
Capital's share of output = 40%
Labor grows on a rate of = 5%
Capital grows on a rate of = 5%
Thus, output will grow at a rate of = ?
SR(t) = Δy/Δt/Y - (αΔk/Δt/k(t) + (1-α)(ΔL/Δt/L(t))
Here, α = 60%
So, labor's share = (1 - 0.6) × 5 = 2%
Capitals contribution = 0.4 × 5 = 2%
Implied rate of growth in technology is also given,
SR = (5) - (2+2)
= 1%
Hence, if capital grows at a rate of 5%, then this will cause output to grow at a rate of 1%.
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Answer:
a. a grant will be secured to help fund the project.
Explanation:
In project management, a project manager can be defined as an individual or organization that temporarily undertakes a project in order to create a unique result, product, and service. Project managers strives very hard so that they can achieve their aims, goals and objectives in the most cost-effective, efficient and best manner through the use of unique set of interrelated tools, skills and tasks.
An assumption for a construction project could be, a grant will be secured to help fund the project.
Project managers sometimes embark on the execution of projects without having enough fund to finish it successfully. There assumptions are usually that once they have commenced the process, a grant can be secured from creditors, investors or financial institutions to help fund the remaining part of the project. However, since it is an assumption, they're not guaranteed that the grant will be given to them; therefore, this can result to the stalling of projects sometimes.
By virtue of standards, materials to be used to construct the building, the size of the building that is to be constructed and the regulations and codes required for the building should never be assumed by project managers.
Answer:
sex is like u have never have the most fun in ut life
Answer:
$63,932.91
Explanation:
FV = $825,000
Number of payments = 4 quarters * 3 years = 12
Rate = 4.45%, assuming per annual
The amount company need to save each quarter is the payment amount.
We can easily calculate payment amount by formula in excel =PMT(4.45%/4,12,,825000,1) = 63,932.91
