« previous next »

Author Question: Profits equal: A) total revenue minus variable costs. B) revenue minus fixed costs. C) total ... (Read 140 times)

joblessjake

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
Profits equal:
 
  A) total revenue minus variable costs.
  B) revenue minus fixed costs.
  C) total revenue minus total costs.
  D) total revenue.

Question 2

If a job pays a wage of 50 per hour, but has a non-wage cost valued at 20 per hour, the net benefit of taking the job equals:
 
  A) 2.5 per hour.
  B) 20 per hour.
  C) 30 per hour.
  D) 70 per hour.


covalentbond

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Energy costs of locomotion. Energy costs of locomotion.
Population predictions for 2000–2050, using three different total fertility rates ( Population predictions for 2000–2050, using three different total fertility rates (
Should We Prolong Life at all Costs? Should We Prolong Life at all Costs?
Variable Gases: Water Vapor Variable Gases: Water Vapor
Canada Total Energy Consumption by Fuel Type Canada Total Energy Consumption by Fuel Type
Sadie is going to see a movie and is taking her four kids. each movie ticket costs $15 and ... Sadie is going to see a movie and is taking her four kids. each movie ticket costs $15 and ...
Video: Protein catabolism (Krebs cycle) and Protein anabolism (protein synthesis)

For a complete list of videos, visit our video library