Answer:
Option (A) is correct.
Explanation:
Given that,
Implicit costs per week = $200,000
Average explicit cost per banana = $0.25 per banana
Per week bananas sold = 1 million
Explicit cost = Average explicit cost per banana × No. of banana sold
                     = $0.25 × 1,000,000
                     = $250,000
Total revenue = No. of banana sold × Selling price of each banana
                         = 1,000,000 × $0.50
                         = $500,000
Accounting profit = Total revenue - Explicit cost
                              = $500,000 - $250,000
                              = $250,000
Economic profit:
= Total revenue - Explicit cost - Implicit costs
= $500,000 - $250,000 - $200,000
= $50,000
 
        
             
        
        
        
Answer:
Natural:
b.A diamond company that owns nearly all of the world's diamond mines.
d.A soda company that spends over $3 billion on advertising every year.
e.A waste-treatment plant that cost a lot to build even though it costs only two cents to treat each gallon of waste.
Government
a.A small-town bar that is the only establishment in the county licensed to serve liquor.
c. A pharmaceutical company receives a patent for a new cancer-fighting drug.
Explanation:
Government barriers are licenses or patents that prevent future firms from entering, natural is everything else.
 
        
                    
             
        
        
        
Answer:
The correct answer is A
Explanation:
The Cash payments for the month of may is computed as:
Cash payment = Cash balance on May 1 + Cash received  during the month - Cash balance increased 
where 
Cash balance on May 1 is $30,000
Cash received  during the month is $47,000
Cash balance increased  is $33,000
Putting the values above:
Cash payments = $30,000 + $47,000 - $33,000
= $77,000 - $33,000
= $44,000
 
        
             
        
        
        
Since the company is following a periodic inventory system, it has to use temporary accounts to record sales and purchases.
Transaction A
Purchases – Dr 860500
 Accounts payable 860500
Transaction B
Accounts payable - Dr $111,600
 Purchase returns $111,600
Transaction C
Accounts payable - Dr 748900
 Discount received 14,978
 Cash 733,922
 
        
             
        
        
        
Brand repositioning is when a company changes their status in the marketplace. Like changes to the marketing mix including product, price, location, and promotion. Repositioning happens to fulfill consumer wants and needs
Hope this helps!