Implicit costs are imputed costs of self-owned and self-employed resources.
Example:
- (i) Interest on entrepreneur's own capital.
- (ii) Rent on entrepreneur's own land used in business.
Answer: The answer is C.wright letters,determine problem, argue about solutions. Hope this helps :D
Explanation:
A <u>hybrid</u> administrative agency is an agency that has characteristics of both executive and independent agencies.
Federal executive departments (those led by a Cabinet secretary) and the Executive Office of the President do not constitute independent entities of the United States government. In a more specific sense, the term only refers to those independent agencies that, despite being regarded as members of the executive branch, have the power to regulate or make rules.
A hybrid administrative agency is one that possesses traits from both independent agencies. Each individual statutory grant of jurisdiction was established by separate statutes approved by the Congress, and each one specifies the objectives the agency must strive toward as well as what substantive areas.
To know more about independent agencies
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Answer:
something that only eats plants. no meat.
Explanation:
The correct answer to this open question is the following.
Could a modern president run a government with five cabinet members as Goerge Washington did?
No, of course not. It would be impossible. The reason is that times have changed, the number of people has dramatically increased, necessities are different, and we are living in a completely different world that needs specializations for different areas.
Does a president today need 15 cabinet members?
Yes, probably more, because I have mentioned above, the government faces different responsibilities and conditions that required the specialization of different cabinet members. Internal affairs, the economy of the US, US Politics, social issues are more diverse and complicated than before. Foreign relations are also a critical issue that requires the focus and attention of experts that did not exist in the past.
