000($970‚000-$177‚000). The total implicit cost is $190‚000($175‚000+.15X$100‚000). The total economic costs is $983‚000($793‚000+$190‚000). b. The accounting profit in 2010 is $177‚000($970‚000-$793‚000) c. The economic profit in 2010 is $-13‚000($970‚000-$793‚000-$190‚000). d. The owner should not leave his job because the economic profit is negative‚ which means he will earn less if he does his own business. 2. a. The type of agency problem that is involved here is principal-agent problem. Marriott
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What Should Be Responsible for the “Obesity Crisis”? Nowadays‚ fast food becomes a symbol of America‚ so as obesity. The word obesity became really popular because obesity always goes after the fast food. So‚ you might ask how serious the problem of obesity now in the United States is. Judith Warner gave us a really good answer to this question. In his article Junking Junk Food‚ he states that now we are “at a time when more than two-thirds of American adults are overweight” and approximately “17
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Who should be responsible for Television Violence? Composition II Who should be responsible for Television Violence? Can we afford to continue ignoring the connection between television violence and the increase in mass murders? The answer is no. We have to take a stance now and fight for stricter regulations by the government and the Federal Communications Committee (FCC). Television has been associated with influencing controversial acts since the beginning of its creation
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Why Should We Plant Trees and Clean the Neighborhood [Customer’s Name] [University Name] [Course Name] [Date] Man was created many years ago. But unlike other living organisms he allows himself to adjust the environment for himself. Recently‚ it began to have a negative impact on the environment. More and more cities are becoming similar to the views from post-apocalyptic movies. But people have a way out. We need to plant more trees and learn to clean up after ourselves. First‚ because of the enormous
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Business Should Always Be Ethically and Socially Responsible Introduction Corporate scandals in business world have been more and more common‚ which damages the interest and profits of stakeholders‚ employers‚ community or society. The corporate scandals pull the public to focus on the ethic of managers and the firm itself. Comparing to the past‚ customers are focusing more and more on the reputation of the firms and they prefer to select the brands that are environmentally friendly and socially
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For profit vs. not for profit organizations Melinda Colp AIU Online Healthcare Administration HCM630-1203D-01 Professor Michael Schmitt September 16‚ 2012 Non-Profit healthcare organization vs. for-profit healthcare organization “Hospitals can be non-profit‚ for-profit‚ and government-owned and/or operated” (Baker & Baker‚ 2006). There are different terms for each classification in how to report and handle the finances but the basics are the same for any type of business. Business
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Should There Be A Nuclear Power Plant In Saskatchewan? I think there should be a nuclear power plant built in Saskatchewan because I believe it would contribute to the province a great deal. There is a growing need for power in Saskatchewan. Right now in Saskatchewan there is a need for more power. There has question as to putting a nuclear plant is Saskatchewan This I think is the ideal choice of power plants because on 1 bundle of uranium is equal to the power output of 400 tones or 1900
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Gilson Christelle 13‚ Avenue Walckiers‚ 1160 Auderghem‚ Belgium Tel: +32496120463 e-mail : gilsonchristelle@hotmail.com Born Sept 02nd 1974‚ Single Summary: - European Market Development Manager. - European Technical and Development Manager for 4 plants producing 60000 tons of Polyethylen stretch film. - Second year International Executive Master Business Administration. - Team player with strong motivational skills‚ smiling. Professional Experience 02/2000 ( now Illinois
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you work well with others? Are you a leader? If you have these qualities‚ you might make a good manager. However‚ you need just more than these two qualities to be a good manager. There are a number of factors that play into whether or not you would make a good manager. The good news is that you don’t have to rely solely on natural‚ inborn traits. It is possible to develop the qualities good managers possess. You can complete a management program to learn some of the necessary characteristics‚
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Comparing Not-For- Profit and For Profit Colleges Colleges and university have slowly become one of the stepping stones into the working world today. People go to colleges for higher education with the intention of earning degrees in which they can use in their respective fields. Some example degrees that people pursue are Medical‚ Law‚ Business‚ Accounting‚ and Science Degrees. Through the years the idea of college was that it was optional and it was a door for better life and job. However in
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