Answer:
$106,000
Explanation:
The computation of explicit costs is shown below:-
Implicit costs = Paid amount in a year + Rent amount
= $30,000 + $24,000
= $54,000
Explicit costs = Expenses amount for food + Expenses amount for gas and electricity
= $50,000 + $2,000
= $52,000
Total amount = Implicit costs + Explicit costs
= $54,000 + $52,000
= $106,000
Therefore we have applied the above formula.
Answer:
Brand association
Explanation:
Brand equity refers to the value that a product receives from associating with a renowned brand. Brand association is one of the components of brand equity. Brand association refers to those images or symbols that customers identify with a brand.
Organizations try to instill positive image in the minds of customers through brand association. Here, Martha redecorates coffee collective with pictures of players and coaches as way to promote the team as audience will be be able to connect with the team through the images.
Answer:
Integrity
Explanation:
Organizational culture consists of shared assumptions, values, and beliefs, which governs how people behave in organizations. These values determines how people behave in an organizational settings and there are different characteristics ranging from innovation, teamwork, stability etc. The main one that addresses degree people exhibit integrity and high ethical standards is Integrity.
Answer:
Price Quantity Supplied Quantity Demanded
$2 1 1
$4 2 1
$8 3 1
$12 4 2
$20 4 2
$32 5 4
$44 5 5
In this market, the equilibrium price will beper widget, and the equilibrium quantity will be:
In this market, the equilibrium price will be $44, because is the price where the quantity supplied and the quantity demanded is the same: 5 widgets supplied, and 5 widgets demanded.
Answer:
visually provocative themes.
Explanation:
High self monitors are like chameleons that follow social cues on how to behave. They change the way they present themselves in different social setting to fit the occasion. For example if a highly self monitor person is at a party and is having a bad day, they will modify how they present themselves by expressing a happy front.
Because of this adaptability to social environments they go into careers like public relations, sales, diplomacy, and law.
They may buy a product based on how it looks even though it's performance is not that good. For example buying a fancy phone.
They are more attracted by the image of the product.