The amount by which actual or expected sales exceed break-even sales is referred to as more accurate product costing.
A break-even analysis is what, exactly?Break-even analysis involves figuring out and looking at an entity's margin of safety based on the revenues received and related costs. The study, in other words, demonstrates how many sales are necessary to cover operating expenses.
The break-even analysis establishes the number of sales required to cover all fixed costs for the organization by analyzing various pricing levels in relation to various levels of demand. A demand-side study would provide a seller with important information about their selling capacities.
Learn more about break-even analysis with the help of the given link:
brainly.com/question/13770712
#SPJ4
The term for the money supply that includes cash, checking accounts, Certificates of Deposit, money markets, and big deposits such as institutional money market funds is Blank______.
The term for the money supply includes cash, checking accounts, Certificates of Deposit, money markets, and extensive deposits such as institutional money market funds are M-3.
What is money supply?The amount of money in circulation at any given time is referred to as the money supply. There are many ways to define "money," but common measurements often include circulation-level money and demand deposits.
The money supply is crucial because inflation will occur if it increases more quickly than the economy's capacity to create goods and services. Additionally, if the money supply does not expand quickly enough, production may decline, rising unemployment.
In addition to significant time deposits, institutional money market funds, short-term repurchase agreements, and more substantial liquid funds, M3 is a subset of the money supply that includes M2 money. M3 is strongly linked to more established financial organizations and corporations than it does to startups and ordinary people.
To know more about money supply refer to: https://brainly.com/question/28044587
#SPJ4
Game theory can help us understand why Xerox did not successfully exploit the opportunity it had in IT. If Xerox commercializes PC technology and its rivals do not Xerox payoff is expected to be
If Xerox commercializes PC technology and its rivals do not Xerox payoff is expected to be $250m, whereas the competitors’ payoff is $75m.
What is game theory?This is the game strategy that involves two players where each of the players have to pick the most favorable choice based on the choice of the other person.
Here it would be best for Xerox to pick option B because this is where they would be able to get the most advantage.
Read more on game theory here:
https://brainly.com/question/13548182
#SPJ1
Complete questionGame theory can help us understand why Xerox did not successfully exploit the opportunity it had inIT. If both Xerox and competitors continue with old technology the payoff for XeroxSelect one:a.
is $150m, whereas the competitors’ payoff is $325m.
b. is $2
50m, whereas the competitors’ payoff is $75m.
c.
is $75m, whereas the competitors’ payoff is $250m.
d.
is $325m, whereas the competitors’ payoff is $150m.
Mrs. kendrick is in good health, has worked for many years and is six months away from turning 65. She wants to know what she will have to do to enroll:________
If She wants to know what she will have to do to enroll: She may enroll in an Medicare plan starting from three months immediately before her first entitlement to both Part A Medicare and Part B Medicare.
What is Medicare plan?Medicare plan can be defined as an health insurance coverage that help to cover the medical expenses or costs of those that enroll under the plan.
Hence, If She wants to know what she will have to do to enroll Mrs. kendrick may enroll in an Medicare plan starting from three months immediately before her first entitlement to both Part A Medicare and Part B Medicare.
Learn more about Medicare plan here:https://brainly.com/question/1960701
#SPJ1
Answer:
Explanation:
She may enroll in an MA plan beginning three months immediately before her first entitlement to both Medicare Part A and Part B.
A buyer contracts to purchase a property from a seller for $212,000. Two weeks before closing, a buyer's agent for another company delivers an offer for $205,000. The listing associate should
The listing associate should present the offer to the seller as a potential backup offer for further negotiation.
Who is a seller?A seller is any person or company who sells a product, service, or financial asset. Short selling is the practice of borrowing securities that are not held in order to sell them and then repurchase them at a reduced price. A "writer" is a seller of options who collects the premium from the buyer.What is an offer?In exchange for something else, a commitment to do or refrain from doing something. An offer must be worded and delivered in such a way that a reasonable person would expect its acceptance to result in a binding contract.Therefore, the listing associate should present the offer to the seller as a potential backup offer for further negotiation.
Know more about a seller here:
https://brainly.com/question/906651
#SPJ4
If you believe your supervisor at your work setting is forcing you to act in what you consider to be an unethical manner, you should Group of answer choices
If you believe your supervisor in your work setting is forcing you to act in what you consider to be an unethical manner, you should try to work with your supervisor to resolve the problem.
If you have a moral query and you are having a problem you make a decision, you should talk over it with colleagues. in case you believe some other counselor is behaving in an unethical way, the primary stuff you should do is discuss the matter with the counselor and attempt to get him or her to change their conduct.
Whilst a counselor who is running beneath supervision shares exclusive facts about customers along with her or his manager: that is suitable conduct due to the fact the supervisor desires the data so that it will supervise effectively.
Whilst counseling a customer from a racial, ethnic, or cultural group one-of-a-kind from the counselor's, it's far essential for the counselor to understand that: despite the fact that positive corporations percentage comparable trends or ideals, every person is unique and may not be like maximum others from his or her organization.
Learn more about supervisor here https://brainly.com/question/1088493
#SPJ4
A promotional tool in which a company lets consumers have a small sample of a product for no charge is known as?
Sampling is the promotional tool in which a company lets consumers have a small sample of a product for no charge.
Sampling is a process utilized in statistical evaluation wherein a predetermined wide variety of observations are taken from a bigger populace. The method used to pattern from a bigger populace depends on the form of evaluation being accomplished, but it can encompass easy random sampling or systematic sampling.
The number one intention of sampling is to create a consultant sample, one wherein the smaller institution (sample) appropriately represents the traits of the bigger group (population). If the pattern is properly decided on, the sample can be generalizable to the populace. there are many methods to attain a sample.
There are most important forms of sampling methods – possibility and non-opportunity sampling. Chance sampling, also known as random sampling, is a form of sample selection in which randomization is used rather than planned desire.
Learn more about the Sampling here https://brainly.com/question/12892403
#SPJ4
is a US veteran exempt from income requirements in petitioning for foreign spouse already in the US?
The average minimum annual income needed to apply for a green card on behalf of a spouse or family member is $22,887 is a US veteran exempt from income requirements in petitioning for foreign spouse already in the US.
Why income requirements in petitioning for foreign spouse already in the US?The average minimum annual income needed to apply for a green card on behalf of a spouse or family member is $22,887. This is presuming that the sponsor, a citizen of the United States or a person who currently holds a green card, is not serving in the military and is only sponsoring one relative.
According to the charts below, the amount of income needed increases as the size of the family does. Additionally, residents of Alaska and Hawaii will pay more than those of the District of Columbia, the 48 contiguous states, and the US territories.In general, your annual income as a sponsor equals the amount you declared on your most recent federal income tax return (not a state form). This sum is as of the 2021 tax year. Before naturalizing, spouses often need to be lawful permanent residents. The service member must submit Form I-130, Petition for Alien Relative, along with the biometrics fee, and the spouse must submit Form I-485, Application to Register Permanent Residence or Adjust Status.Learn more about petitioning foreign US here:
https://brainly.com/question/24013754
#SPJ4
What percentage of the u.s. gross national product is accounted for by healthcare costs?
19.7% of the u.s. gross national product is accounted for by healthcare costs.
The Gross National Product is the approximation of the total value of all goods and services which are produced by a country’s citizens and citizen-owned businesses.
GNP is generally calculated by adding up the following:
Total personal consumption expenditures (PCE)
Total government expenditures
Gross private domestic investment (GDPI)
Total income earned by citizens from overseas investments
Net exports
and then subtract domestic income earned by foreign residents
A big difference between GDP and GNP can indicate a strong involvement with international trade, production, or financial operation.
To know more about GNP here:
https://brainly.com/question/14768180
#SPJ4
The ROI calculation will indicate: Select one: a. the overall quality of a company's earnings. b. the invested capital generated from each dollar of income. c. the sales dollars generated from each dollar of income. d. the percentage of each sales dollar that is invested in assets. e. how effectively a company used its invested capital.
The ROI calculation will indicate (C) how effectively a company used its invested capital.
What is ROI?Return on investment, often known as return on costs, is a ratio of net income to investors. A high ROI indicates that the benefits of the investment outweigh the costs. ROI is used as a performance indicator to evaluate the efficiency of an investment or to compare the efficiencies of several investments.What is ROI calculation?A computation that compares the monetary value of an investment against its cost. (profit minus cost) / cost is the ROI formula. If you earned $10,000 from a $1,000 investment, your return on investment (ROI) would be 0.9, or 90%. This is commonly obtained by using an investment calculator.The ROI calculation will show how well a business utilizes its invested capital.As the description says, the ROI calculation will show how well a business utilizes its invested capital.
Therefore, the ROI calculation will indicate (C) how effectively a company used its invested capital.
Know more about ROI here:
https://brainly.com/question/15726451
#SPJ4
Complete question:
The ROI calculation will indicate:
A. the percentage of each sales dollar that is invested in assets.
B. the sales dollars generated from each dollar of income.
C. how effectively a company used its invested capital.
D. the invested capital generated from each dollar of income.
E. the overall quality of a company's earnings.
Bram knows that the pipes in his building leak, but he tells cassie, a potential buyer, that there are no leaks. on this assurance, cassie buys the building. on learning the truth, she may sue bram for group of answer choices
She may sue Bram for fraudulent misrepresentation.
What is fraudulent misrepresentation?
A false statement made by the defendant intentionally or negligently to persuade the other party to engage in a contract is known as a fraudulent misrepresentation. The harmed party may try to have the contract nullified and sue the defendant for compensation.
What are the elements of fraudulent misrepresentation?
The following are the basic components of a claim for fraudulent misrepresentation:
misrepresentationknowledge of deceptiona desire to encourage dependencyjustified trustresultant harmIs fraudulent misrepresentation a crime?
Prosecutors and the person that was deceived by the fraud can both bring civil claims against the other party for a single fraudulent act. Fraud typically involves a number of legal components, whether it be criminal or civil, such as the following: Falsely representing a material fact
Learn more fraudulent misrepresentation: https://brainly.com/question/13808699
#SPJ4
Sujin must send an email about longer working hours and salary increase to all the employees who work in her organization. Which organizing strategy should she use in conveying this message
Sujin's organizing strategy should be answering all the questions the employees are likely to have in the email, as stated in option A and explained below.
How should Sujin organize her email?Since employees might end up having doubts and questions about the new work schedule and the salary increase, Sujin should try her best to predict, so to speak, those questions and address them in the email.
By using such an organizing strategy, Sujin will be able to convey the necessary information while avoiding being flooded with responses filled with questions.
With the information above in mind, we can choose option A as the correct answer.
The missing answer choices for this question are the following:
She should answer all the questions the employees are likely to have in the email.She should end the email by giving importance to the message and not the employees.She should place the good news at the end of the message and the bad news in the middle of the message.She should not present the bad news in a positive way, as it might confuse the employees.Learn more about writing emails here:
https://brainly.com/question/24688558
#SPJ1
The investment timing decision relates to: Group of answer choices how frequently the cash flows of a project occur. how long the cash flows last once a project is implemented. the preferred starting date of a new project. how long a project should operate before an abandonment decision can be implemented. how many times a project can be expanded.
Choosing when to start a project is related to the investment timing decision.
Is an investment's timing crucial?The following are some advantages of market timing strategy:
Market timing is utilized to increase earnings and counteract the dangers involved with small gains. When it comes to investments, the basic risk-return trade off holds true: the greater the risk, the greater the gain.What does the term "investment decision" mean?The choice and acquisition of the long-term and short-term assets in which funds will be invested by the organization are referred to as investment decisions.
What is a timing option for investments?The investment-timing option, which is the choice to delay rather than immediately adopt or reject a capital budgeting project, can dramatically boost a project's value when interest rates are unpredictable.
What is an example of an investment decision? Decisions on investments can be made for the long- or short-term. A capital budgeting decision is another name for a long-term investment choice. Long-term financial commitments are necessary. A new machine purchase to replace an older one, the purchase of a new fixed asset, the establishment of a new branch, etc. are a few examples.learn more about investment decision here
https://brainly.com/question/24246300
#SPJ4
Imagine you’re preparing an exclusive buyer representation agreement with a client and need to explain the options available for agency relationship. which of these is accurate?
Imagine you’re preparing an exclusive buyer representation agreement with a client and need to explain the options available for an agency relationship. If we find a property you like that is by my broker, I may need to act as a dual agent
This is further explained below.
What is a broker?Generally, Within the banking and financial sectors, brokers are responsible for managing a variety of commercial transactions, including investments, real estate, and insurance policies. Brokers facilitate communication between various parties, establish and develop connections, manage sales, and carry out other administrative and operational responsibilities.
In conclusion, Imagine that you are working with a client to prepare an exclusive buyer representation agreement and that you need to discuss the many alternatives that are available for agency relationships. In the event that we locate a home that you like and it is listed by my broker, it is possible that I will need to operate as a dual agent.
Read more about broker
https://brainly.com/question/14094023
#SPJ1
The interest charged on a $90,000 note payable, at the rate of 6%, on a 60-day note would be:________.
1) $5,400.
2) $2,700.
3) $1,350.
The interest charged on a $90,000 note payable, at the rate of 6%, on a 60-day note would be $900.
Use 360 days for calculation.
$90000 × 0.06 × 60/360 = $900
(Face val. × 6% × 60/360)
Interest payable is a liability account, shown on a company's balance sheet, showing interest expenses accrued to date but not yet paid at the balance sheet date. In short, it represents the amount of interest currently payable to the lender.
A promissory note is a written promissory note. Under this arrangement, the borrower receives a specific amount of money from the lender and promises to repay it with interest within a predetermined period of time.
The interest rate can be fixed for the life of the note or vary according to the interest rate that lenders charge their best customers (known as the prime rate). This is different from a credit account, where there is no promissory note or interest to be paid (although there may be a penalty if payment is made after a specified due date).
Follow these steps to calculate interest payable for your organization:
1. Determine payables
2. Convert your interest to decimal
3. Determine time to calculate
4.Find your recurring interest rate
5. Calculate interest payable
To know more about interest charged:
https://brainly.com/question/2151013
#SPJ4
Which communications management practice includes specifying all of the communications systems.
All of the communication channels and platforms that parties will use to exchange information are specified in Agreements.
What is an Agreement?A shared choice, position, or arrangement is what is meant by the concept of agreement. The choice made by two persons to split an apartment's rent is an illustration of an agreement.
Types of the agreement are:-
Grant. Cooperative Agreement. Contract. Memorandum of Understanding. Non-Disclosure Agreement. Teaming Agreement. Material Transfer Agreement.To learn more about agreement from the given link:
https://brainly.com/question/1835508
#SPJ4
According to the identify (id) function of the nist cybersecurity framework, what allows an organization to prioritize its efforts where cybersecurity risk is involved?
Understanding its business environment and resources allows an organization to prioritize its efforts where cybersecurity risk is involved.
The U.S. Department of Commerce's NIST is the National Institute of Standards and Technology. The NIST Cybersecurity Framework assists companies of all sizes in comprehending, managing, and reducing their cybersecurity risk as well as safeguarding their networks and data. The Framework is an optional one.
Identify, Protect, Detect, Respond, and Recover are the five fundamental tasks. On its official website, NIST describes the framework core as a collection of cybersecurity initiatives, objectives, and helpful resources that are applicable to all critical infrastructure sectors.
For cybersecurity professionals, the NIST Cybersecurity Framework is a valuable resource. It is a cost-effective method for businesses to tackle cybersecurity and promote an internal dialogue about cyber risk and compliance because of its versatility and flexibility.
To know more about Cybersecurity refer to: https://brainly.com/question/22586070
#SPJ1
An organization to prioritize its efforts where cybersecurity risk is involved in understanding its business environment and resources.
Cybersecurity is the practice of deploying human beings, policies, tactics, and technologies to shield companies, their important systems, and sensitive statistics from virtual attacks.
Pc security, cybersecurity, or data era security is the safety of computer structures and networks from data disclosure, robbery of, or harm to their hardware, software program, or electronic information, as well as from the disruption or misdirection of the offerings they provide.
Cybersecurity is a first-rate profession to go into proper now, as there is a high call for experts with these abilities. The U.S. Bureau of exertions information estimates that the employment of records safety analysts will grow 31 percent from 2019 to 2029.
Learn more about cybersecurity here: https://brainly.com/question/26260220
#SPJ1
Tyler works as a senior customer service associate at a large financial services firm. When the stock market closes each day, he is responsible for entering the closing prices of funds and processing withdrawals. These responsibilities would likely be considered as
Tyler is employed by a sizable financial services company as a senior customer service associate. He is in charge of entering the closing values of funds and executing withdrawals each day when the stock market closes. These duties would probably be regarded as routine task performance.
Routine task performance
Routine task performance involves well-known reactions to demands that come up normally, routinely, or in another predictable fashion. For routine-cognitive activities, routine task input is most prevalent in either clerical vocations or in jobs such as machine operators or assembly workers (for routine- manual tasks). 27 Each task is rated from one to 10, with ten denoting the task that is most frequently performed in this occupation. 28 We tested with a few somewhat different classification schemes.
The average of "Set Limits, Tolerances, or Standards" (routine cognitive tasks), which measures adaptability to situations requiring the precise attainment of set limits, tolerances, or standards, and "Finger Dexterity" (routine manual tasks), which measures ability to move fingers and manipulate small objects with fingers quickly or accurately.
Learn more about routine task performance here:
https://brainly.com/question/24176089
#SPJ4
What is osn for detecting spammer account?
The osn is spam filter.
The spam filter helps to decrease the volume of spam email. Email filtering is the process of organizing emails based on predefined criteria. Mail filters are commonly used to organize incoming mail, remove spam emails, and remove computer viruses.
Online Social Networks (OSNs) are well recognized among internet users.
The OSN platform has two types of users: spammers and non-spammers.
Spammers submit undesired content or propagate falsehoods on OSN platforms with malevolent intent.
Such operations annoy ham users, known as Non-Spammers, and harm the reputation of OSN platforms
Therefore, the answer is spam filter.
To know more about spammer click here:
https://brainly.com/question/11427348
#SPJ4
In some simple models of trade, a country may choose to specialize in the production of a single good. which is not an argument against specializing in a single good in the real world?
An argument that is not against specializing in a single good in the real world is that specialization in a single good makes dumping easier and more effective.
If a country specializes in a single good, less waste will be produced and it can be dumped easily at one place and can be used or recycled more easily than to dump several different kinds of goods as they will need different technologies and to segregate them will be a hard job to do.
Countries improve their production of the commodity in which they specialize. There are many benefits to consumers if a country does so as specialization lowers the opportunity cost of production, increasing global production and lowering prices. These reduced pricing and increased supply benefit consumers.
To learn more about specialization in single good here
https://brainly.com/question/19018593
#SPJ4
Some causes of small-business Blank______ include underpricing or overpricing goods or services, starting with too little capital, going into business without first learning something about the industry or market, and underestimating how much time it will take to build a market
Some causes of small-business failure include underpricing or overpricing goods or services, starting with too little capital, going into business without first learning something about the industry or market, and underestimating how much time it will take to build a market.
What are small businesses?A small business refers to a privately owned and operated business, that essentially have few employees to work with.
An advantage if small business is that efforts and commitment put into growth of the business will be duly reaped by the owner.
Learn more about small businesses here: https://brainly.com/question/17128827
#SPJ1
Firms operating in the same market, offering similar products, and targeting similar customers are: a. allies. b. competitors. c. multimarket competitors. d. market commonality.
Firms operating in the same market, offering similar products, and targeting similar customers are competitors.
What are the positives of competition?
Businesses will be more motivated to reduce costs, enhance the quality of their goods and services, and give customers more options when a market is competitive. In other words, companies will need to innovate to differentiate their products from the competition.
why is competition bad for the economy?
Competition reduces your market share and clientele, especially if there is initially little demand for your goods or services. Your return on each product you make and sell may be reduced if a competitive market forces you to cut your prices to remain competitive.
Learn more about competition in economy: https://brainly.com/question/17736624
#SPJ4
Indicate the point where a monopoly will set its price.
Answer:
Equilibrium point.
Explanation:
The equilibrium price is the only price where the plans of consumers and the plans of producers agree—that is, where the amount consumers want to buy of the product, quantity demanded, is equal to the amount producers want to sell, quantity supplied. This common quantity is called the equilibrium quantity. At any other price, the quantity demanded does not equal the quantity supplied, so the market is not in equilibrium at that price.
The contract cost for constructing a house in June 2005 was $242,555. The index for that month was 205.2 and the current index is 288.8. What is the estimated cost to build the house today
The contract cost for constructing a house in June 2005 was $242,555. The index for that month was 205.2 and the current index is 288.8. What is the estimated cost to build the house today $314374.
What is Contract Costing?
Contract costing is used to keep track of expenses associated with a certain contract with a customer. For instance, when a company submits a bid for a major construction project, the business and the potential client engage in a contract describing the parameters of a particular kind of reimbursement for the business.
How do you calculate contract cost?
To determine TCV, multiply the monthly recurring revenue (MRR) by the number of months left in the contract's term, and then add any other one-time costs specified in the agreement.
Total Contract Value = Monthly Recurring Revenue (MRR) x Contract Term Length + Any One-time Fees.
Learn more about contract :https://brainly.com/question/2669219
#SPJ4
Many brick-and-mortar companies must pay attention to the new competition from the because now consumers can search the world.
Many brick-and-mortar companies must pay attention to the new competition from the internet because now consumers can search the world.
What Does Brick & Mortar Mean?A "brick-and-mortar" firm is a conventional street-side enterprise that interacts directly with its clients in a store or office that it owns or leases. Brick-and-mortar businesses include places like the neighborhood supermarket and bank. Given that most web-based companies, like Amazon.com Inc. (AMZN), typically have cheaper operating expenses and more flexibility, brick-and-mortar firms have had a difficult time competing with them.
For instance, some physical grocery stores, like Safeway, allow customers to shop for groceries online and have them delivered to their house in as little as a few hours. Offshoot terminology like "click and mortars" and "bricks and clicks" has been created as a result of the hybrid business models' rising popularity.
Learn more about brick-and-mortar with the help of the given link:
brainly.com/question/13771778
#SPJ4
The Congress lowered taxes to aid in the recovery of a recession. This is an example of
Select one:
O contractionary monetary policy
O expansionary fiscal policy
O contractionary fiscal policy
nondiscretionary fiscal policy
When the Congress lowered taxes to aid in the recovery of a recession, it is an example of a expansionary fiscal policy.
What is an expansionary fiscal policy?Fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.
Fiscal policies can either be expansionary or contractionary. Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.
To learn more about fiscal policies, please check: https://brainly.com/question/25716528
#SPJ1
The combination of product lines offered by a manufacturer is called the firm's:
Answer:
product mix
Explanation:
The combination of product lines offered by a manufacturer is called the firm's: product mix.
Determine which of the following statements is correct regarding the relationship of ending inventory and beginning inventory.
The ending inventory of the previous period is the beginning inventory of the current period.
Beginning inventory is the amount of a product. A commercial enterprise has in stock at the start of an accounting length which includes a month or 12 months. due to the fact each accounting length connects to the subsequent, the beginning inventory of one length will be similar to the ending inventory of the previous.
Beginning inventory, or opening inventory, is your inventory cost at the beginning of an accounting duration. For that reason, finishing inventory, or last inventory is the cost of the stock at the top of an accounting duration.
Ending inventory is the value of goods nevertheless available for sale and held via a business enterprise at the end of an accounting length. The dollar amount of ending stock may be calculated by the usage of multiple valuation techniques.
Learn more about Beginning inventory here: https://brainly.com/question/24868116
#SPJ4
In a typical finance lease, the first lease payment at the beginning of the lease consists of?
In a typical finance lease, the first lease payment at the beginning of the lease consists of interest and a reduction in the principal.
A lease is a contractual agreement requiring the user to pay the owner for the use of the asset. Land, buildings and vehicles are common assets that are leased. We also lease industrial equipment and office equipment. Generally speaking, a lease is a contract between two parties, the landlord and the landlord.
The main difference between a lease and rental contract is the term. Rental contracts are usually short-term (usually his 30 days), while leases are long-term (usually he's 12 months), although 6 or 18 month contracts are also common.
Learn more about lease here:https://brainly.com/question/24460932
#SPJ4
A firm's opportunity costs of production are equal to its?
A firm's opportunity costs of production are equal to its explicit costs plus implicit costs plus total revenue.
What is opportunity cost?This is the alternative that is foregone by a person due to the fact that they have made another choice.
In the firm the opportunity cost of production is equal to explicit costs plus implicit costs plus total revenue..
Read more on opportunity cost here:
https://brainly.com/question/1549591
#SPJ1
The firm's opportunity cost of production comprises implicit costs and explicit costs
C) explicit costs + implicit costs
What is opportunity costs of production?
The opportunity costs of production is the sum of the firm's implicit and explicit costs.
Implicit costs refer to benefits forgone, the benefits the firm has to forgo in order to produce its output, whereas explicit cost means out of pocket expenses, when both are added together, it gives the firm's opportunity cost of production.
The question is missing the following options:
A) explicit costs only
B) implicit costs only
C) explicit costs + implicit costs
D) explicit costs + implicit costs + total revenue
Find further explanation on opportunity costs in the link below:
https://brainly.com/question/24331696
#SPJ1
_____ list the knowledge, skills, and abilities (ksas) an individual needs to perform a job satisfactorily.
Job specifications list the knowledge, skills, and abilities (KSAs) an individual needs to perform a job satisfactorily.
Knowledge is defined as something learned, understood, or conscious. One example of knowledge is learning the alphabet. One example of knowledge is the ability to find places. One example of knowledge is remembering details about an event.
Knowledge refers to information or knowledge gained through experience or education, understanding refers to knowing or realizing the intended meaning or cause of something. Knowledge is better than understanding. Knowledge and understanding go hand in hand.
Knowledge is the understanding and perception of something. It refers to information, facts, skills and wisdom acquired through learning and experience in life.
Learn more about knowledge here:https://brainly.com/question/9290109
#SPJ1