Why is it reasonable to think of normal profit as a type of cost to the firm?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
Recall that firms produce output using four kinds of res...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Microeconomics A Contemporary Introduction
ISBN: 978-1111415921
9th edition
Authors: William A. McEachern
Question Posted:
Students also viewed these Economics questions
-
David Sharma sells masks, textiles, and other goods imported from Africa. David usually marks up his purchases by 300% (that is, if he pays $10 for an item, he lists it at $40). His annual sales...
-
Why is it reasonable to think that as managers, our action can have an effect on a project outcome?
-
Why Vote? Voting is costly. If you vote in person, you have to find your polling place and often stand in line until you get to the voting booth to vote. If you vote by absentee ballot, you have to...
-
In Exercises 7683, use a graphing utility to graph the function. Use the graph to determine whether the function has an inverse that is a function (that is, whether the function is one-to-one). f(x)...
-
Tom, a calendar year taxpayer, informs you that during the year, he incurs expenditures of $40,000 that qualify for the incremental research activities credit. In addition, it is determined that his...
-
Current accounting for leases requires that certain leases be capitalized. For capital leases, an asset and the associated liability are recorded. Whether or not the lease is capitalized, the cash...
-
All possible outcomes of a random process a. Correlation functions in an experiment b. Nonstationary process c. Sample space of \(x(t)\) at times \(t_{1}, t_{2}, \ldots\) d. White noise of the time...
-
Mels Meals 2 Go purchases cookies that it includes in the 10,000 box lunches it prepares and sells annually. Mels kitchen and adjoining meeting room operate at 70 percent of capacity. Mels purchases...
-
Amortization schedule with a balloon payment You want to buy a house that costs $250,000. You have $25,000for a down payment, but your credit is such that mortgage companieswill not lend you the...
-
1. Where would you fit the preparation of a website for Taylor Stitch in their marketing plan? Why? 2. What metrics would you recommend to the owners of Taylor Stitch to help them determine if they...
-
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...
-
What distinguishes a firms short-run period from its long-run period?
-
Recognizing the rights and obligations under all executory contracts (for example. leases, purchase commitments, employment contracts) would eliminate a major means of off-balance-sheet financing....
-
A close coiled helical spring has to absorb \(60 \mathrm{Nm}\) of energy when compressed \(5 \mathrm{~cm}\). The coil diameter is six times the wire diameter. If there are 18 coils, estimate the...
-
A single cylinder, single acting air compressor has a cylinder diameter of \(140 \mathrm{~mm}\) and stroke of \(2800 \mathrm{~mm}\). It draws air into the cylinder at a pressure of 1 bar and...
-
A single stage reciprocating compressor is required to compress \(1 \mathrm{~kg}\) of air from 1 bar to 8 bars. The initial temperature of the air is \(20^{\circ} \mathrm{C}\). Calculate work for...
-
Kiran Textiles Ltd. supplies you with the following details for the year 2006-07. Determine its BEPS and DEPS. Net Profit No. of equity shares outstanding (FV10) Equity shares under options granted...
-
This case is a continuation of the Burburr Resorts & Hotels Corporation serial case that began in Chapter 1. The components of the Burburr serial case can be completed in any order. The Las Vegas...
-
Carpenters stabilize wall frames with a diagonal brace, as shown in the figure. The length of the brace is given by If the bottom of the brace is attached 9 ft from the corner and the brace is 12 ft...
-
Assessing simultaneous changes in CVP relationships Braun Corporation sells hammocks; variable costs are $75 each, and the hammocks are sold for $125 each. Braun incurs $240,000 of fixed operating...
-
In recent years the Feds policy focus has been the federal funds rate. How does the Fed raise or lower that rate, and how is that rate related to other interest rates in the economy, such as the...
-
What factors have led to changes in the velocity of M1 and M2 over the past three decades?
-
What factors have led to changes in the velocity of M1 and M2 over the past three decades?
-
Total Labor- Square Feet of Department Hours Space Occupied Number of Employees Machine- Hours Direct Labor- Hours Personnel 16,000 12,400 22 Custodial Services 8,200 3,100 49 Maintenance 14,300...
-
6. Given the Venn Diagram, find (AUB)NC A B a W b Y N X C C
-
Prepare one-page description of the company and a one-page description of the project. In the project description, please list all the key stakeholders who will attend the project kickoff meeting....
Study smarter with the SolutionInn App