Answer:
Accounting profit = $50
Economic profit = $10
Explanation:
Accounting profit = Revenue - Explicit cost
$60 - $10 = $50
Economic profit = Accounting profit - Opportunity cost
$50 - $40 = $10
I hope my answer helps you
The answer to this question is <span>hire an actress to impersonate an auditor.
A word from an auditor will give more clearance and sense of safety toward a certain financial move.
By using an actress disguised as an auditor, company will make the investment become more trustworthy and avoid suspicion for potential whistle blower from the company.</span>
Answer:
No. I do not think leadership style is fixed.
Explanation:
There are various leadership styles used by leaders in organizations depending on the type of job, the category of employees, the situation, or the organizational goal the leader is trying to achieve.
Some of these leadership styles include; bureaucratic, democratic, autocratic, servant and transactional leadership styles.
It is best for leaders to be flexible and know what style to adopt depending on the particular situation.
For example, in <u>situations where employees are inexperienced</u>, a leader should choose a leadership style (such as bureaucratic leadership) where he gives instructions and directs the employees on what to do.
If on the other hand, such a l<u>eader is in charge of experienced employees</u>, then he can adopt the democratic style of leadership, where the employees are allowed to give inputs and have freedom to make certain decisions.
Answer:
Explanation:
Suppose there is one perfect competitive market for wheat There are 90 firms in that industry.
Consider the Table 1 given below:
Table 1: Industry supply
MC individual Quantity (9) Industry quantity (Q)
25 30 30*90=2,700
40 35 35*90=3,150
55 40 40*90=3,600
70 45 45*90=4,050
Take possible MC (Marginal cost) with their respective individual. Calculate the industry supply by multiplying 90 with the firm's individual quantities as shown in Table 1 above.
Going by the graphical diagram in the attached image below, we can derive that:
The orange line represents the industry supply. The lower and higher orange represents the lowest and highest quantity respectively.
The intersection industry demand and industry supply gives the short run price and quantity
Therefor, the short run price and quantity are $40 and $3,150 respectively. This and can be shown with dotted black line.
So Therefore
At the current short run market price, the firms will produce in short run because this price is above the average variable cost
In the long, some firms will exit the market, given the current market price.
Answer:
The correct answers are lettera "A", "B" and "D": Be sure that Lance and Ayden know how to connect to Lindsay’s desktop; Frequently ask Lance and Ayden if what she is saying makes sense; Expect to review meeting content due to the limitations of virtual technology.
Explanation:
Thanks to technology, training can be given through online platforms that connect individuals even if they are in different parts of the world. Just like in Linday's case. For her training to be successful, <em>Lance and Ayden must interact with Lindsay so she must make sure both of them are connected properly to her desktop. </em>
<em>After trying the features of the update, Lindsay must make sure both of them are learning and understand what they are doing so asking them if the information provided make sense can help for such a purpose. At the end of the session, Linday has to summarize the content review during the meeting so Lance and Ayden quickly verify what they learned.</em>
