The statement is correct. Profitably, it makes sense for firms to shift their productive activities to countries where they can be performed more efficiently.
<h3>What is Profit perspective?</h3>
- The Profits Perspective is an economic viewpoint that focuses on the financial flows that determine total business profits. It is based on Jerome Levy's profits equation, which he discovered in 1908.
- It is also linked to the work of Hyman Minsky, a twentieth-century economist. The distinction between the revenue obtained from the sale of an outcome and the costs of all inputs used, as well as any prospect costs, is the financial profit or loss.
- Economic profit is calculated by subtracting opportunity costs and explicit costs from earnings earned.
- Economic profit is important because it aids in determining a company's profitability and financial performance.
- It demonstrates whether a specific business can cover its expenses while also generating revenue for stakeholders.
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Answer:
Q' = 213.80
Explanation:
P(d): production rate per day = 200
Ic: Installation cost = 120
D: Demand = 8000
D(d): demand rate per day = 32
Uc: Unit cost (holding) = 50
Applying into Production order quantity model formula
Transnet is South African transportation sector company. This company included freight, logistic, and rail transportation in its business. For a decade, the Transnet Company have enjoyed the monopoly market in fright, logistic, and rail transportation in South Africa. because they control every rail in South Africa back then.
Professional appraisers and real estate agents
The unearned consulting revenues are liabilities. A liability, in accounting terms, is an obligation and is found in the balance sheets of companies or businesses. When a company does transactions with other individuals or companies usually they owe amounts to creditors for the goods or services the company acquires. In another sense, a liability is a source of the company’s assets. They can also be considered as claims against the company’s assets. A liability may also include those amounts received by the company in advance of future services. Liabilities include accounts payable, notes payable, salaries payable, interest payable, bonds payable, accrued expenses payable, etc. Their normal balance is credit.
