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2 years ago

Explain and give an example the difference between an explicit cost and an implicit cost.

Business

1 answer:

Amanda [17]2 years ago

7 0

Answer:

Explicit costs are out-of-pocket costs for a firm

for example, payments for wages and salaries, rent, or materials. Implicit costs are the opportunity cost of resources already owned by the firm and used in business

for example, expanding a factory onto land already owned.

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Which mission area includes restoring health and social services networks and returning economic and business activities to a he

Bezzdna [24]

Answer:

The correct answer is letter "A": recovery.

Explanation:

The U.S. Federal Emergency Aid (<em>FEMA</em>) is an agency that aims to provide the necessary support needed in front of major events and natural disasters. The FEMA has five (5) mission areas: <em>prevention, protection, mitigation, response, </em>and <em>recovery</em>. FEMA's recovery mission is to put back on track communities affected by incidents. FEMA's core capabilities include planning, health and social services, infrastructure systems and economic recovery.

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3 years ago

Henry works at a restaurant. One of his best chefs has just called in sick minutes before the dinner rush, and Henry needs to ma

PSYCHO15rus [73]

Answer:

just do math

Explanation:

4 0

3 years ago

When supply increases, the supply curve

MariettaO [177]

When supply increases, the supply curve shifts to the right.

<h3>What is the supply curve?</h3>

This is the curve that is used to show the amount of goods that the producers would be able to make available for the market at a particular price. The supply curve shifts to the right when there is an increase in supply in the economy.

Hence this answers our question by saying that When supply increases, the supply curve shifts to the right.

Read more on supply curve here: brainly.com/question/11717727

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1 year ago

The core processes in a value chain must add value for the external customers, while support processes

shusha [124]

Answer:

B. are also part of the value chain

Explanation:

Value chain comprises two activities i.e primary activities and support activities.

The primary activities include those activities which add the value to the customer through inbound logistics, outbound logistics, operations, and marketing sales and services

Whereas the support activities are those activities who support the primary activities. It involves procurement, firm infrastructure, etc

7 0

3 years ago

WILL MARK BRAINLIEST!

Morgarella [4.7K]

Answer:

Public relations specialists

Explanation:

Public relations specialists refer to individuals who develop and maintain the public image i.e. favorable for the company in which they present. Here the perception of the organization should be shape aslo it would be increase the awareness towards the work and goals

Therefore according to the given situation, the professional that is closely linked with the reputation of the company is public relations specialist

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2 years ago