Answer:
a. They are what households or firms pay for products or resources.
Explanation:
The circular flow model shows how money flows in the society, from producers to workers in the form of wages, and back to the producers as money paid for products thereby providing exchange between the household and the firm.
The household work for firms in exchange for money to pay for goods and services offered by the firm while the firm sell there goods to the household so as to be able to generate profits.
Answer:
omg that would be awesome tbh
Answer:
$20,000
Explanation:
Calculation for Sweet's economic profit
First step is to calculate the Explicit Costs
Using this formula
Explicit Costs = Rent on building +Payment of Salary to employees + Utilities + Goods bought
Let plug in the formula
Explicit Costs = ($30,000)+ ($40,000) + ($20,000) +($10,000)
Explicit Costs =$100,000
Last step is to calculate Sweet's economic profit
Using this formula
Economic profit = Total Revenue – (Explicit Costs + Implicit Costs)
Let plug in the morning
Economic profit = $135,000 - $100,000 - $15,000
Economic profit= $20,000
Therefore Sweet's economic profit will be $20,000
Answer:
F = 0.312 N
Explanation:
Given,
Current, I = 2 A
Length of the equal side = 15 cm = 0.15 m
Magnetic field, B = 0.7 T
Magnetic filed is parallel to hypotenuse
θ = 135°
Force on the first side of the triangle
Force on the another side
Resultant magnetic Force
F = 0.312 N
Answer:
C. necessitates determining if the reporting unit itself is impaired after calculating implied goodwill.
D. may result in an impairment charge defined as the difference between the goodwill reflected for the reporting unit in the consolidated balance sheet and the reporting unit’s implied goodwill.
