How can a business owner who earns $10 million per year for his business credibly claim to earn zero economic profit?

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Answer 1

A business owner who earns $10 million per year for his business credibly claims to earn zero economic profit because the $10 million may actually be an accounting profit.

How can a business owner who earns $10 million per year for his business claim to earn zero economic profit?

The total income less the whole costs is the economic profit. The sum of the explicit and hidden costs is the cost of economic profit.

The costs of labor, transportation, and other expenses are considered explicit costs.

Accounting profit is determined differently from economic profit.

Most business owners base their calculations of profit on accounting profit. Implicit expenses are not taken into account by accounting profit, but they are in economic profit.

If this claim is accurate, it indicates that while the business owner is making an accounting profit of $10 million, the implicit costs are likewise $10 million.

If they were both worth $10 million, there would be no financial gain and the $10 million may actually be an accounting profit.

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Related Questions

Self-reflection: what are your views of why adhd diagnoses and rates of childhood obesity have increased? what are the solutions?

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About twice as many ADHD children as typically developing peers were found to be overweight. In contrast, children who were overweight or obese were twice as likely to show increased rates of ADHD symptoms.

What is the relation between ADHD and obesity?

Girls 10–12 years old and boys with ADHD 10–17 years old were more likely to be overweight than kids in the general Dutch population. But it appeared that teenage girls and younger girls had a lower probability of being overweight.

Boys' ADHD is a risk factor for obesity. The prevalence of overweight in females with ADHD varies with age, peaking between the ages of 10 and 12. Their chances of getting fat are four times higher. Higher levels of oppositional and social communication difficulties raise the likelihood of becoming overweight, although shorter sleep duration, issues with motor coordination, and methylphenidate use do not.

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What is a likely catalyst for the increased pressure for international alliances or mergers?

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The likely catalyst for increased pressure for international alliances or mergers is Electronic Trading. Put differently one could state that Securities markets have been under growing pressure to form worldwide alliances or mergers as a result of the influence of electronic trading.

What is Electronic Trading?

An electronic trading interface is a piece of computer program that allows customers to place orders for financial items with a financial intermediary across a network.

Stocks, bonds, currencies, commodities, and derivatives are examples of these goods. Nasdaq was the first widely used computerized trading platform.

Hence, because electronic trading is scalable, it thus gives the incentive for various players to take advantage of the market to enhance their dominance.

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Since some machines were already scanned with openvas, should you also consider scanning the same systems with nessus? why or why not?

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No, there is no need to scanning the same systems with Nessus.

If we ignore the benefits of OpenVAS and concentrate on its drawbacks, there is only one major drawback:  it enterprises will likely need experienced staff to fully extract value from the platform.

Nessus' primary drawback is that it may be too pricey for some business budgets.

So, if you've already performed a scan with Open Vas, your results are at their best.

A straightforward approach to vulnerability scanning is offered by both Nessus and OpenVAS. The efficiency of vulnerability scanning solutions varies from provider to provider, though, since some solutions are more effective than others at identifying both known and unidentified threats.

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A structure within the selimiye mosque in edirne that commands particular attention is the _____.

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A structure within the selimiye mosque in edirne that commands particular attention is the haram.

Elegant stacked domes reaching up to narrow minarets towering skyward are a hallmark of Ottoman mosque architecture. But few mosques are as visually stunning and architecturally significant as the Selimiye complex in Edirne, built by Sinan, the greatest of all Ottoman architects. The Selimiye complex was located in Edirne rather than the capital Istanbul.

Built by Sultan Selim II, Edirne was chosen not only because of his fondness but also because of its historical and geographical importance. Edirne was the first major city reached by Europeans traveling to the Ottoman Empire. Therefore, by constructing a large complex here, the Sultan offered the opportunity to use its architecture to visitors to its Ottoman grandeur.

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Although she rarely ever thinks about halloween, whenever kalina bites into a braeburn apple, she thinks about this holiday. for kalina, braeburn apples and halloween are?

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Although she rarely ever thinks about Halloween, whenever Kalina bites into a Braeburn apple, she thinks about this holiday. for Kalina, Braeburn apples and Halloween are in the same associative network.

Associative networks are cognitive models that incorporate long-known principles of association to represent key features of human memory. When two things are thought about simultaneously, they may become linked in memory.

Halloween's origins can be traced back to the ancient Celtic festival known as Samhain, which was held on November 1 in contemporary calendars. It was believed that on that day, the souls of the dead returned to their homes, so people dressed in costumes and lit bonfires to ward off spirits.

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Same-sex marriages have accounted for about ____ percent of all marriages contracted in a single year in the united states.

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Same-se/x marriages have accounted for about "two to seven"percent of all marriages contracted in a single year in the united states.

This is further explained below.

What are Same-se/x marriages?

Generally, Marriage between individuals of the same gender or sex is referred to as gay marriage or same-se/x marriage. This kind of marriage may occur between individuals of any gender.

In conclusion, Weddings between people of the same se/xual orientation or gender identity have historically accounted for "two to seven" percent of all marriages conducted in a single year in the United States.

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Which sociological perspective would argue that men's work is uniformly valued, while women's work (whether unpaid labor in the home or wage labor) is devalued? group of answer choices

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Conflict theory would argue that men's work is uniformly valued, while women's work (whether unpaid labor in the home or wage labor) is devalued.

What is the conflict theory?

According to conflict theory, society is a struggle over dwindling resources. According to Marx, society is composed of two classes—the bourgeoisie (capitalists) and the proletariat (workers), who must compete for social, material, and political resources like food and housing, employment, education, and leisure time.Conflict theory claims that tensions and conflicts arise when resources, status, and power are unequally distributed among groups in society and that these conflicts become the catalyst for social change. Social institutions like government, education, and religion reflect this competition in their inherent inequalities and help maintain the unequal social structure.

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What foreign dynasty, hailing from manchuria, ruled over china for nearly three centuries?

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Qing multi-cultural empire is the foreign dynasty, hailing from Manchuria, ruled over china for nearly three centuries.

What dynasty was the Qing dynasty?

This dynasty was the Manchu led dynasty that ruled over the Chinese people for a long period of time. The dynasty was known to have ruled the Chinese people people from the 15th century to the 18th century. The dynasty was known for being prosperous and in their last years they became tumultuous.

Hence we can say that Qing multi-cultural empire is the foreign dynasty, hailing from Manchuria, ruled over china for nearly three centuries.

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When thinking of world history, what would be the BEST title for this list?

Answers

Answer:

Me personally, I think D

Characteristics of Civilization

Explanation:

Answer: D. Characteristics of Civilization

Explanation:

outside of social settings, the drug user abstains and thereby remains in control of his or her drug use.

Answers

The fill in the blanks is Recreational drug user

The term "recreational drug usage" refers to the use of one or more psychoactive substances to create an altered state of consciousness for enjoyment or another light-hearted activity by altering the user's perceptions, moods, and emotions. A psychoactive substance produces an intoxicated effect when it enters the user's body. Drugs that promote feelings of peace and relaxation are known as depressants, while those that promote feelings of energy and alertness are known as stimulants, and hallucinogens fall into the third category (drugs that induce perceptual distortions such as hallucination) Caffeine, which is found in coffee, tea, soft drinks, chocolate, and prescription medicines, alcohol, which is found in beer, wine, and distilled spirits, nicotine, which is found in tobacco and electronic cigarettes, cannabis, and prescription pharmaceuticals are all common recreational substances.

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According to robinson and colton, what are the basic values and assumptions of jacksonian democracy?

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According to Robinson and colton, what are the basic values and assumptions of jacksonian democracy are:

aversion to a moneyed aristocracy exclusive privileges

What are the basic values of Jacksonian Democracy?

It should be noted that the  core concepts  that is been used as the Jacksonian Democracy is base on the concept of  equal protection of the laws.

However , this basic values also focus on the aversion to a moneyed aristocracy as well as the  exclusive privileges, and monopolies,  which implies that the  majority rule as well as the  welfare of the community over the individual must be a concern.

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Who said we have finaly arived I need to go find a good spot near a river for our colony

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Mary Musgrove; communicator of Oglethorpe. She said it to the Native Americans.

Of the 12 captaincies that made up brazil in the 16th century, only eight were settled in that century and the only two that flourished were sao vicente and _______________.

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Of the 12 captaincies that made up Brazil in the 16th century, only eight were settled in thatcentury and the only two that flourished were Sao Vicente and Pernambuco

What are the 12 captaincies that made up Brazil?

The Captaincies of Brazil were captaincies of the Portuguese Empire, administrative divisions and hereditary fiefs of Portugal in the colony of Terra de Santa Cruz, later called Brazil. Each was granted to a single donee, a Portuguese nobleman who was given the title captain General.

Therefore, the only two that flourished were Sao Vicente and Pernambuco.

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The complete question goes thus:

Of the 12 captaincies that made up brazil in the 16th century, only eight were settled in that century and the only two that flourished were sao vicente and _______________.

A)Rio de Janeiro

B)Salvador

C)None of these.

D)Pernambuco

E)Ipanema

Was the enuma elish is a creation story associated with minoan crete.
a. true
b. false

Answers

Was the enuma elish is a creation story associated with minoan crete. This statement is false.

The name of the Mesopotamian creation myth, The Enuma Elish, which is also known as The Seven Tablets of Creation, comes from the first few words of the song "When on High." The story describes how the mighty god Mard.uk created order at the beginning of the universe by defeating the forces of chaos.

One of the oldest tales in existence, if not the oldest, tells of the birth of the gods and the creation of the cosmos and humans. The Hebrew scribes who wrote the book now known as the biblical Book of Genesis were later inspired by the Enuma Elish.

The correct answer is option b.

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gerald, who is a resident in a facility for individuals with moderate to severe intellectual disabilities has been given plastic poker chips for desirable behavior. he understands the chips can be used later on for privileges. gerald is responding to a(n)

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Gerald, whose severe intellectual disabilities has been given plastic poker chips for desirable behavior, he understands the chips can be used later on for privileges, hence, he is responding to a token economy.

What is a token economy?

It refers to the form of behavior modification that is designed to increase desirable behavior and decrease undesirable behavior with the use of tokens. Most individuals receive a tokens immediately after displaying desirable behavior.

Hence, most time, the tokens are collected and later exchanged for a meaningful object or privilege.

In conclusion, because Gerald understands the chips can be used later on for privileges, hence, he is responding to a token economy.

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A set of formal statements that specifies how and why variables or events are related is a(n):a set of formal statements that specifies how and why variables or events are related is a(n):_______

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A set of formal statements that specifies how and why variables or events are related is a theory.

The word theory is a general term that may have different meaning for different kinds of people. For an English professor it may mean a baseless combination of thoughts while for a scientist it means a set of explanation that explains any natural or other phenomenon and is backed by solid evidence.

You may have heard about the Big Bang Theory or the quantum theory of physics they are some huge discoveries found by our scientists after years of studies and experiments.

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We have recommendations for the best places to see when visiting the emerald isle and include the dublin literary pub crawl. Actors dressed as famous irish writers guide tourists to some of the best watering holes in the city, beginning at which pub?.

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The Dublin Literary Pub Crawl is one of our suggestions for the top sights to see while in the Emerald Isle. At Dooke Pub, actors in the personas of well-known Irish authors lead visitors to some of the top bars in the area.

An author is also a pen or minstrel who creates or originates any spoken work, similar to a book or play. According to a more general description, an author is" the person who started or gave actuality to anything," and their authorship establishes their legal liability for the work they produced. The author is an outgrowth of the Latin term auctorem, which means" author, master, or leader." I submit it to the author. In front of the bartenders, it's a huge flat face. We place drinks in this position. The Online Etymology Dictionary states that this is the reason behind the name" bar" so named in reference to the hedge or counter over which potables or food were offered to patrons."

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A person who is responsible for leading an organizational change or someone who is influential and can communicate and motivate others to accept a change by informal means is called a ______.

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A person who is responsible for leading an organizational change or someone who is influential and can communicate and motivate others to accept a change by informal means is called a Change agent

Can it be said to be a methodical process of using the information, tools, and resources required to bring about change?

Change management is the methodical approach and application of information, resources, and instruments to deal with change. To adapt to changes in the external world and the business environment, it entails designing and implementing company strategies, structures, procedures, and technology.

Which three of the five categories of the critical elements that contribute to HRIS implementation failures are true?

The HRIS system fails mostly due to five factors. Leadership, planning, communication, training, and managerial change are the contributing variables. Leadership One of the main reasons HRIS initiatives fail is a lack of leadership and managerial support.

What phrase best represents a corporation using a third party for a variety of services?

Offshoring is the employment of an outside firm to supply a range of services, from a few (such as recruiting and compensation processing) to a comprehensive set (such as all HR activities), in order to accomplish strategic corporate goals.

Is a catch-all phrase that basically denotes any learning that is supported by technology?

E-learning is a catch-all phrase that basically refers to any type of learning that is supported by technology. True. On-the-job training and off-the-job training often have similar administrative costs for a business.

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An ________ either mandates or permits the electronic filing of pleadings, briefs, and other documents related to a lawsuit.

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The electronic filing of pleadings, briefs, and other court-related papers is either required or permitted in an electronic court.

An electronic court, also known as an ECourt, is a venue with a strong technical foundation where legal disputes are decided in the presence of a trained judge or judges.

This infrastructure is typically created to make it easier for parties, participants, and other interested parties to carry out various administrative and procedural tasks, such presenting evidence, submitting court documents electronically, or receiving testimony via the internet.

Its goal is, in part, to lessen the reliance on paper or hard-copy documents throughout the judicial process, which is why it is sometimes referred to as a "paperless court."

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it is possible to arrive at different resolutions to a dilemma depending upon the moral arguments that are made

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Yes, it is possible to arrive at different resolutions to a dilemma depending on the moral arguments that are made by humanity, people have faced such dilemmas, and philosophers aimed and worked to find solutions to them.

The better reaction for opponents of dilemmas is to deny the need to answer the question. Such examples cannot establish the actuality of difficulties. Indeed, most people will admit that there are times when an agent is unsure of what to do. These solutions are frequently unappealing to the individual and are rarely morally acceptable. We can identify moral quandaries by realising that our actions in these situations have moral and ethical ramifications. The most challenging part of resolving a moral quandary is accepting that whatever activity you adopt will not be ethical. Compared to the other options, it will be the most ethical.

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Samantha, who is 5 years old, is watching tv and sees a boy tell his mother a lie. nothing bad happens to the boy. according to social learning theory, she is likely to conclude that?

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Samantha, who is 5 years old, is watching tv and sees a boy tell his mother a lie nothing bad happens to the boy according to social learning theory, she is likely to conclude that lying is acceptable.

Social learning theory, developed by Albert Bandura, highlights the significance of perceiving, modelling, and imitating the behaviors, attitudes, and sentimental reactions of others.

Social learning theory contemplate how both environmental and intellectual factors interact to impact human learning and etiquette.

The goal of the social learning theory is to convey that an individual can learn in various ways. People make options based on self-reflection, but mostly the environment in which a individuals finds themselves impacts the way they behave and learn.

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in what year was discrimination against chinese, japanese, and other asian immigrants finally removed from u.s. immigration law?

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The year when the discrimination against Chinese, Japanese and other Asian immigrants were finally removed from U.S immigration law was the Year 1943.

What legislation effect the discrimination?

The legislation that enforced the discrimination against Chinese, Japanese and other Asian immigrants was known as exclusion acts. The Chinese Exclusion Act was the only major federal legislation to explicitly suspend immigration for a specific nationality. This exclusion law prohibited the Chinese labourers (both skilled and unskilled laborers)   from entering the country.

The passage of the Exclusion act represented the outcome of years of racial hostility and anti-immigrant agitation by white Americans: all these set the precedent for later restrictions against immigration of other nationalities and started a new era.

The discrimination finally ended when China became a member of the Allied Nations during World War II which made the Congress repealed all the exclusion acts.

In conclusion, the year when the discrimination against Chinese, Japanese and other Asian immigrants were finally removed from U.S immigration law was the Year 1943.

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who gives the neighbors the idea that there might be ""monsters"" or aliens that have landed on earth?

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Tommy  gives the neighbours the idea that there might be ""monsters"" or aliens that have landed on earth.

What is Tommy's explanation for what is happening?

Tommy's explanation for the strange happenings is that there are outsiders in control. The neighbours suspect Les since his car begins on its own.

He said it was aliens and that they were to blame. What does Tommy exhort the citizens that they should or should not do? He advises them to not leave the road.

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In the maslow hierarchy of needs, those needs involving personal fulfillment are called?

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In the Maslow hierarchy of needs, those needs involving personal fulfillment are called self actualization.

Maslow's hierarchy of needs is a theory of motivation that states that 5 classes of human needs dictate a person's behavior. Those needs are physiological needs, safety needs, love and belonging needs, esteem needs, and self-actualization needs.

Self-actualization is at the highest of Maslow's hierarchy of needs. This want refers to the need to achieve our full potential including personal fulfillment. Consistent with Maslow, this want will solely be met once all of the other needs are satisfied.

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Red, green, and blue-violet light can be combined to create any color of the spectrum. this has been interpreted as supporting the ______ theory of color vision.

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Red, green, and blue-violet light can be combined to create any color of the spectrum. this has been interpreted as supporting the  trichromatic theory of color vision.

What theories aid our comprehension of color vision?

In other words, the opponent process theory interprets how color vision happens at a brain level, whereas the trichromatic theory explains how color vision occurs at the receptors.

What is the theory of the trichromatic process?

Three-Color Theory According to the trichromatic hypothesis of color vision, human beings possess cells that can distinguish between blue, red, and green wavelengths. The visible spectrum is made by combining them into additional colors.

What are the trichromatic theory's three colors?

Three receptors are sensitive to different colors: one to green, one to blue, and one to red. All the colors that humans are able to perceive are created by combining these three colors.

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. if a hotel has 20 king-size beds, 50 queen-size beds, 100 double beds, and 30 twin beds available, what is the probability that you will be given a queen-size or a twin bed when you register?

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If a hotel has 20 king-size beds, 50 queen-size beds, 100 double beds, and 30 twin beds available, Then the probability that you will be given a queen-size or a twin bed when you register is 0.4.

Total no. of beds is 20 + 50 + 100 + 30  200.

Assuming that bed assignments are independent, and they have queen size bed = 50 or twin size bed = 30.

so, according to the rules of probability

Then Probability of queen size bed or twin bed is:

 50/200 + 30/200 = 80/200= 2/5 = 0.4

So the probability of getting a queen size or a twin bed is 0.4.

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in the united states, all of the following organizations are involved in establishing standards except:

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The correct option is ANSDM

For the purpose of easing the exchange of goods and services, consistent standard measures, procedures, standards of quality, or levels of content are established to assure the interchangeability of components from various sources and the replaceability of components in discontinued products. a guideline or idea that serves as the foundation for judgment: They attempted to set criteria for a novel philosophical perspective. a typical or average demand for a quality, amount, level, grade, etc. This week, his work has fallen short of his typical caliber. to do a task to a level that requires effort from others. an organization that pioneers overnight delivery. synonyms and words that are similar. to do an action properly or superior to another person.

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A mutation that has no effect on the amino acid associated with the resulting codon is known as a:_________-

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Silent mutations are DNA nucleotide changes that do not affect the protein's amino acid composition.

When a mutation would have no impact, what is it known as?

DNA changes known as silent mutations do not manifest themselves in the phenotypic of the organism. They represent a particular kind of neutral mutation. Silent mutations happen when a single DNA nucleotide inside a gene's protein-coding region changes without changing the order of amino acids that make up the protein encoded by the gene. Since their impact cannot be heard, they are referred to as silent.

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The nursing instructor is teaching a class on documentation in the medical record. What would be the most important piece of information the instructor would give to the students?

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The problem, intervention, evaluation (PIE) system of documentation does not use assessment as part of the PIE note.

Information is arranged by patient problems in the PIE system. You must maintain a daily assessment flow sheet and progress notes as a result. A separate care plan is not required by incorporating the care plan into the nurses' progress notes, and a record with a nursing rather than a medical focus is produced.

The daily evaluation flow sheet has spaces for noting basic care and monitoring as well as assessments of significant categories, such as respiration or discomfort. It typically has areas to record the times that therapies were administered as well as ongoing assessments of a particular area, like neurologic checks every hour. The PIE is used to organize progress notes.

As a result, the PIE system does not include assessment in the PIE note. It is primarily concerned with the issue at hand, followed by solutions and evaluations.

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Were the Founding Fathers justified in rebelling against the British
government and declaring independence?
vell-developed essay that includes an introduction, body paragraphs, and a conclusion, explain whether or not the Founding Fathers
were justified in declaring independence. Be sure to address counterclaims in your essay and include explain whether or not the Founding Fathers
your argument.
reasons and evidence to support

Answers

The founding fathers' rebellion against the British government was justified.

Why was the uprising of the founding fathers against the British authority justified?

Their proclamation is justified by the numerous wrongs they experienced at the hands of the British people.

In the colonies, they were forced to pay an excessive amount of taxes.They were not represented in the legislature.Additionally, the region faced numerous trade prohibitions.

They used rebellion against the British to get away from the injustices they had to endure. The Declaration of Independence made their motivations for their actions quite plain.

The insurrection was a struggle against British oppression because these were all facts at the time.

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suppose that in a given country from one year to the next, the general price level rises while the quantity of goods produced also rises. what can we determine about the values of nominal and real gdploading...? Comparing the two histograms you drew, do you find support for the researchers' hypothesis? Explain. Can you please help4x^2-11x+7 If QK Bisects MQR, QN LM and mMQK = 34, find each missing measure A KLM has coordinates K(4, -2), L(6, -1), and M(5, 5). Whatwould be the coordinates of the vertices of the image after a reflectionin the x-axis?OA) K'(-4,-2), L'(-6, -1) and M'(-5, 5)OB) K'(-4, 2), L'(-6, -1) and M'(-5,-5) c) K'(4, 2), L'(6, 1) and M'(5,-5)OD) K'(-2, 4), L'(-1, 6) and M'(5, 5) Alexandra is ordering a taxi from an online taxi service. The taxi charges $2 just forthe pickup and then an additional $1.75 per mile driven. How much would a taxi ridecost if Alexandra is riding for 9 miles? How much would a taxi ride cost that is mmiles long? sub sandwiches of america made the following expenditures related to its restaurant. required: sub sandwiches of america credits cash for each of these expenditures. select the account it debits for each. 20. BUSINESS Ramn usually gets one of the routine maintenance options at Annie's Garage. Today, however, he needs a different combination of work than what is listed. + a. Assume that the price of an option is the same price as purchasing each item. separately. Find the prices for an oil change, a radiator flush, and a brake pad replacement. b. If Ramn wants his brake pads replaced and his radiator flushed, how much should he plan to spend? Pls include work Data can be arranged in visual displays called blank to make identifying trends easier Read this paragraph from "The Amazing Transistor."Gordon Moore thought that continually improving technology would result in the number of transistors that could fit on a microchip doubling every eighteen months. What is a microchip? A microchip is an engine that performs tasks. It acts as a "home" to transistors. The transistors are placed on microchips, and together they do things that they are programmed to do. But how could double the number of transistors fit on the same size chip?What key detail in this paragraph best supports the central idea of the whole selection?The Amazing TransistorResponsesPeople wondered how it would be possible to make transistors smaller.People wondered how it would be possible to make transistors smaller.Microchips and transistors work together to perform tasks.Microchips and transistors work together to perform tasks.Gordon Moore thought that more transistors would fit on a microchip.Gordon Moore thought that more transistors would fit on a microchip.Gordon Moore predicted that technology would advance every 18 months. Kai has 4 bags of marbles .there are 3 red,5 green,2 yellow,and 6 black marbles in each bag. How many marbles does kai have? Show how you found the answer Who was the leader of The Battle Of the Alamo? ohn, an engineer in a multinational corporation, e-mails coworkers from india and taiwan on a weekly basis. john's communication illustrates the imperative for studying intercultural communication. Ann is 4 years older than Julie. 4 years ago, ann was twice as old as julie. find their present ages A supercritical fluid can expand like a ________ to fill a container and has a density similar to that of a ________ so can behave as a solvent. Layla jogs with an average velocity of 2.4 m/s east. What is her displacement after 46 seconds? a projectile is launched from level ground with an initial speed v0 at an angle with the horizontal. if air resistance is negligible, how long will the projectile remain in the air? Simplify: 35-(15-(19+5)3) witch two of the following show how the jacket affect the narrater life The use of apostrophe in the excerpt causes the reader togain insight into the speakers feelings for the woman.imagine exactly what the harps would sound like.think that the woman has very poor hearing.visualize what the proudest heads in the world look like.