Answer:
- $45000
Explanation:
Economic profit is different from accounting profit in the sense that former also takes into consideration the implicit costs, also referred to as opportunity costs unlike the latter.
Economic Profit = Accounting profit - Opportunity Costs
Opportunity costs are defined as the the cost of sacrificed or foregone alternative for pursuing a particular alternative. Such costs are implicit or notional as they are not actually incurred.
In the given case, Economic Profit = Revenues - Explicit costs - Implicit costs
Here, the implicit cost is $60,000 income foregone.
Thus, Economic Profit = $20,000(income) - $ 5000 (expense) - $60,000 (opportunity cost)
Economic Profit = ($ 45,000) or -$45,000.
Answer:
50 billion
Explanation:
Investment declines by $130 billion for every 1 percentage point increase in the real interest rate.
Decline in Investment because of higher real interest rate:
= 2 × 100
= $200 billion
Increase in Investment because of higher expected rate of return:
= 1 × 150
= 150 billion
Total decline in investment:
= -200 + 150
= 50 billion
Therefore, 50 billion of investment will be crowding out.
Answer:
<h2>In this case,the survey method or the questionnaire method employed by the bowling alley manager can be an effective method of data collection through a reasonably considerably sample size and composition.</h2>
Explanation:
- In statistical data collection process,the questionnaire method is considered to be one of the most suitable and preferred methods or techniques of data collection considering various types of research topics.
- The questionnaire method of data collection can save considerable amount of time and effort and financial to reach and cover the actual target population of the concerned research as the researcher can just distribute the questionnaire copies randomly to various people within the target population of research or study thereby, avoiding the hassle of personally approaching people and getting responses.
- Furthermore, questionnaire method can ensure coverage of relatively large sample size within less time period and without having to spend excessive financial and material resources. Hence, in this case, the manager of the bowling alley can simply put a questionnaire form at the entrance and request the members to fill it up at their own convenience and personal will.,which could save him the practical hassles of approaching each individual member for responses.
Answer:
The correct answer is activity map.
Explanation:
The map of processes or activities is the graphic representation, that is, the diagram, of the interrelation between all processes and subprocesses of the company. That said, it may seem easy to perform, but the truth is that it is usually an arduous task that involves the different departments of the company.
The objective of this map is to know in a very detailed and deep way the workings of the processes and activities in which the company is involved. It is usually done by a team with people in charge of all departments, who are in charge of identifying the processes, both the main and the secondary ones. In fact, three large groups of organizational processes are often differentiated: strategic, operational and supportive.
The complete question is:
Jo is an honest and straightforward person. She believes her employees are all similarly honest and straightforward, ignoring signs that they may be manipulating her. What perceptual shortcut is Jo most likely using? a. prototypingb. contrast effect c. halo effect d. stereotyping e. projection
Answer:
Projection
Explanation:
Psychological projection is an unconcious impulse where an individual projects his personal traits on others. It can be a positive projection or a negative one.
So in this instance Jo is straightforward and honest and believes those around her are also honest. In this way she is ignoring signs of dishonesty that indicates she is being manipulated.
