A business owner makes 50 items a day. He spends 8 hours in producing those items. If hired elsewhere he could have earned 10 an hour. The item sells for 10 each. Production occurs seven days a week. If the explicit costs total 10,000 a month, the accounting profit for the month equals:
a. 1,760
b. 2,240
c. 11,760
d. 5,000
Question 2
Accountants and Economists differ in their calculations of profits in that;
a. economists consider sunk costs
b. accountants consider implicit costs only
c. accountants consider explicit costs only
d. all of the above
Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio
In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri
Sample budget spreadsheet form for first year of business.
International Business: The Challenges of Globalization, 8th Edition
Embryonic Period - After fertilization (at about 24 hours)
Business Math Question Solution