Answer:
b. revenues minus accounting and opportunity costs.
Explanation:
A normal profit occurs when the amount of profit generated by a company in a given period is equal to the amount of its costs, that is, in this situation the company's profit is sufficient to cover its costs and it manages to continue operating in a market in a way competitive, for this reason the normal profit
The opportunity cost refers to normal profit due to the fact that this is the amount that is equal to zero with respect to economic profit, which is what is necessary for the company to operate when considering the investment made.
Answer:
Price elasticity of demand shows how much a 1% change in the price of a good or services changes the quantity demanded.
In the short run, a 10% increase in price decreases quantity demanded by 4%
PED short run = % change in price / % change in quantity = 4% / 10% = 0.4
PED long run = % change in price / % change in quantity = 7.5% / 10% = 0.75
Both PEDs are inelastic since they are less than 1, which means that an increase in price will result in a proportionally smaller decrease in the quantity demanded. But the PED in the long run is less inelastic, which means that an increase in price will decrease the quantity demanded more in the long than in the short run.
This happens because smokes consider that cigarettes are a basic necessity, so they are willing to purchase them even if the price increases. But as time passes (long run), more smokers will consider that it is not worth paying that much for cigarettes and will probably quit smoking or at least reduce the number of cigarettes they smoke per day.
Answer:Food handlers with facial hair should also wear a beard restraint. - aprons; remove aprons when leaving prep area. Never wipe your hands on your apron. - jewelry; do not wear rings (except for a plain band), bracelets, including medical bracelets and watches.
Explanation: because hair might get on their food and they can get a complain or something else
Answer:
$142,050 is what all of her total assets are worth. If you understand the difference between liabilities and assets theses questions are incredibly easy!
Explanation:
Answer:
//algorithm for ATM money withdrawal
Algorithm: Algorithm for cash withdrawals from ATM.
Input: withdraw_amount
Output: amount+service_charges.
Algorithm:
step 1:
balance =account balance.
withdraw_amount = (Get input from user)
step 2:
if(withdraw_amount>400)
then, print "maximum limit exceeds"
step 3:
if(withdraw_amout<1)
then, print "enter a valid amount"
step 4:
if(withdraw_amount>balance)
then, print "insufficient balance.. withdraw money $30 as service charges "
step 5:
if(withdraw_amount<400 && withdraw_amount<balance)
if(withdraw_amount>200)
service_charge=withdraw_amount*(3/100)
print " Your cash is dispensed... total amount withdrawn +service_charges 30% (withdraw_amount +service_charge) "
