Burton's Explicit Cost's

Chap1 Solution of 1st Homework 1.a. impart verbalised embody = $793,000 (= 555,000 + 45,000 + 28,000 + 165,000) Total unexpressed bell = $190,000 (= 175,000 + 0.15 ( 100,000) Total stinting cost = $983,000 (= 793,000 + 190,000) b. bill loot = $177,000 (= 970,000 793,000) c. Economic profit = $13,000 (= 970,000 983,000) d.The owners accountancy profit is $13,000 less than what he could have clear in salary and return on investment of his $100,000, i.e., his economic profit is $13,000. Thus, he would have made $13,000 more if he had unplowed his job and invested his $100,000 in stocks of other businesses. 3.a.Burtons diaphanous costs argon $18,000 per month. His implicit costs are $20,000 per month ($15,000 + $5,000). b.Opportunity cost = explicit + implicit costs = $18,000 + 20,000 = $38,000 per month c.Burton Cummings costs of intersection (= $38,000/month) draw his rev enues by $13,000 (= 38,000 25,000). Rather than lose $13,000 per month, Burton could rent his baby carriage (and fix $15,000 per month) and drive trucks for another firm (and earn $5,000 per month).

With this custom of his resources he would earn $20,000 per month. Or, Burton could try his luck as a vocalist in a rock band. 6.a.Some Marriott franchises are wager their responsibility to maintain high theatrical role hotels, and this shirking amends the write up of all Marriott franchises. b.Poorly run franchises damage the Marriott news report and reduce the profitability of hotels owned by Marriott. c. Where there is ! meek take on business, there is less incentive for a hotel to pass on quality service. Where there is a serving of repeat business, franchises ordain have an incentive to maintain quality to attract repeat business.If you want to get a wide of the mark essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay