accounting profits and economic profits for Gomez’s pottery. Explicit costs: $37‚000 (= $12‚000 for the helper + $5‚000 of rent + $20‚000 of materials). Implicit costs: $22‚000 (= $4‚000 of forgone interest + $15‚000 of forgone salary + $3‚000 of entreprenuership). Accounting profit = $35‚000 (= $72‚000 of revenue - $37‚000 of explicit costs); Economic profit = $13‚000 (= $72‚000 - $37‚000 of explicit costs - $22‚000 of implicit costs). 8-4 (Key Question) Complete the following table by calculating
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finding the right post-highschool path is often like shopping for clothes: One choice rarely fits all people. College can often cost more than the degree pursued is worth. College also isn’t the only way one can get a good job outside of high school. Furthermore‚ college is not for everyone. Not all students should go to college. Not all students should go to college because college can often cost more than it is worth. College tuition has risen at a significantly higher rate than inflation in the
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And Then There Were None is a classic mystery novel by Agatha Christie where 10 people receive letters from a mysterious U.N. Owen asking them to Soldier Island to stay for the summer holiday. In each of their rooms they find a nursery rhyme telling of the deaths of 10 soldiers. The first night on the island during dinner a recorded message accuses each of them in turn of murder. Then one by one they all begin to die. I believe that And Then There Were None would be a good addition to the curriculum
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“Why Were Africans Enslaved” After reading both articles‚ I feel these two writers are arguing which side of the same coin is the‚ “right side”. Eric Williams argues that while the Irish European slaves‚ the native American Indian‚ and the Chinese laborer could be used in certain jobs a slave would have‚ that their bodies were unable to keep up with the needed labor of a cotton‚ tobacco‚ and sugar plantation. He states that it was the African slaves superior endurance‚ strength‚ and economic cost
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markets to international trade and finance. Included in this wave were the efforts of companies to broaden the geographic reach of their products. Today multinational enterprises own or control production or service facilities outside the country in which they are based. Although a company can achieve MNE status through the level of control that for example Nike exercises over its manufacturers without actually owning them‚ most companies become multinationals because of some form of foreign direct investment
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I know about Jewish was from the history class. At that time‚ my Chinese teacher told me that Jewish were persecuted by Nazi during the Second World War‚ and the reason is because the ruler of Nazi-Hitler hated Jewish. From the video and books‚ there are many pictures about how Nazi persecuted Jewish such as the Auschwitz Concentration Camp. However‚ there always is a mystery puzzled me‚ why were Jewish persecuted by Nazi? From the videos which are talking about the Second World War‚ they are only
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Space exploration is not worth the cost. Space exploration is not worth the cost because it is not losing the lives of astronauts. It is also not worth the money that is being spent to make the rocket ship. Also there would not be a lot of income. First of all space exploration is not worth the cost because it is not worth losing the lives astronauts lives. Even though there are people willing to go to space they can lose their lives while leaving the atmosphere. An example is the 1986 challenger
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the theory that best explains our current issues in the United States is the control theory that Sociologist Walter Reckless developed. Control theory emphasized that we have two control systems that tries to stop us from deviating away from mainstream. These two control systems are like our superego. It represents our moral thoughts and conscience influenced by our environment. One control system is called the inner controls which are our own moral thoughts. The second control system is called our
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Why were Japanese-Americans Intermed? World War II was a tragic international incident. Among those involved included the red‚ white‚ and blue eagle herself‚ America. During the events of World War II‚ Japan attacked Pearl Harbor of the United States. The U.S.’s retorted back with two atomic bombs and a plan to exclude people‚ including citizens‚ of Japanese ancestry in the States. The country that boasts freedom and is in some eyes‚ the embodiment of freedom‚ decided to segregate Japanese-Americans
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I know about Jewish was from the history class. At that time‚ my Chinese teacher told me that Jewish were persecuted by Nazis during the Second World War‚ and the reason is because the ruler of Nazi-Hitler hated Jewish. From the video and books‚ there are many pictures about how Nazi persecuted Jewish such as the Auschwitz Concentration Camp. However‚ there always is a mystery puzzled me‚ why were Jewish persecuted by Nazi? From the videos which are talking about the Second World War‚ they are only
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