Answer:
c. $300; negative $100
Explanation:
Accounting profit is total revenue less total cost or explicit cost.
Accounting profit = Total Revenue - Total cost
Total revenue = price x quantity
100 × $10 = $1,000
Total cost = $700
Accounting profit = $1000 - $700 = $300
Economic profit is accounting profit less implicit cost or opportunity cost.
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Implicit cost = $20 × 20 = $400
Economic profit = $300 - $400 = $-100
I hope my answer helps you
Answer:
B) structurally unemployed.
Explanation:
Structurally unemployed: It is a kind of unemployment that occur due to mismatch between skill required for job available and skill possessed by the individual or unemployed population. This is caused by technological advancement or higher competition in the market. It has long-lasting effect on economy and required fundamental changes to overcome the structural unemployment.
Actions required to overcome structurally unemployed:
- Education and training.
- Relocation of subsidies.
In the given case, Cameron has lost his job due to technological advancement in automobile production, which is a case of structural unemployment.
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When you excersise, your target heart rate should be between 25% to 70% of your maximum heart rate. Your target heart rate r at 70% can be determined by the formula r=0.7(220-a) where a represents your age in years. Solve the formula for a.</span>
Answer:
implementation part
Explanation:
According to my research on the financial planning process, I can say that based on the information provided within the question you are engaged in the implementation part. In this part you finalize all the details and close out any deals that may be on the table in order for you to collect your money from your financial plan.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
A ban for the next ten years and you must pay back the amount of EITC, plus interest.