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NEW QUESTION: 1
If your new business (in which you have invested $50,000, which you previously kept in savings, earning 10% interest) earns an accounting profit of $30,000 in the first year, and you had previously been employed as a ditch-digger, earning $10,000 per year, your economic profit is:
A. -30,000.
B. $20,000.
C. 15,000.
Answer: C
Explanation:
Economic profit is total revenue minus both explicit and implicit costs. Accounting profit includes only explicit costs. Thus your economic profit is 30,000 - 10,000 (foregone salary) - 5,000
(foregone interest) = 15,000. The $50,000 is not an opportunity cost, because it is not gone, merely invested in the business.
NEW QUESTION: 2
DRAG DROP
A computer currently runs a 32-bit version of Windows 7 Ultimate.
You need to deploy a 64-bit version of Windows 8.1 to the computer. The new deployment must be the only version of Windows on the computer.
Which three actions should you perform in sequence? (To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.)
Answer:
Explanation:
NEW QUESTION: 3
A. Option A
B. Option D
C. Option B
D. Option C
Answer: A
Explanation:
Explanation
Option A includes AnonymousSuccess.
References:
https://blogs.msdn.microsoft.com/windowsazurestorage/2011/08/02/windows-azure-storage-logging-using-logs-