Calculate the accounting
profit or loss as well as the economic profit or loss in each of the<...
Calculate the accounting
profit or loss as well as the economic profit or loss in each of the
following situations:
a. a firm with total revenues of $150 million, explicit costs of
$90 million, and implicit costs of $40 million
b. a firm with total revenues of $125 million, explicit costs of
$100 million, and implicit costs of $30 million
c. a firm with total revenues of $100 million, explicit costs of
$90 million, and implicit costs of $20 million
d. a firm with total revenues of $250,000, explicit costs of
$275,000, and implicit costs of $50,000
Answers: 1
Another question on Business
Business, 21.06.2019 21:30
Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.
Answers: 3
Business, 22.06.2019 12:20
Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.
Answers: 1
Business, 22.06.2019 15:10
You want to have $80,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. if the account pays 6.30 percent interest, what amount must you deposit each year? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers: 1
Business, 22.06.2019 17:30
What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?
Answers: 1
You know the right answer?
Questions
Business, 28.08.2021 04:00
English, 28.08.2021 04:00
Engineering, 28.08.2021 04:00
Mathematics, 28.08.2021 04:00
Mathematics, 28.08.2021 04:00
Physics, 28.08.2021 04:10
History, 28.08.2021 04:10
