Answer:
$3,000 per month
Explanation:
If an owner paid himself or a business paid to his owner this type of cost referred to as implicit cost.
In the case of Krista, she is an owner of a business of selling Coffee and also works at her business place as a barista and paid herself $3,000 per month.
So, $3,000 paid as a barista to her self called Implicit cost for the business.
Answer:
Option A. The fourth step that is occasionally required to repair damaged relationships is to change the behavior that caused the problem.
Explanation:
When having the intention to repair a relationship that has been damaged, there are several steps that the person can take in order to achieve the goal. The first step to consider is whether the relationship is worth saving or not, as there are some occasions in which maybe the best thing for both people is to continue in separate ways. If the person decides that the relationship is worth saving, then the second step needs to be to communicate in an honest and open way the problem to the other person involved, and after that the person needs to look at the problem from the other person's point of view in order to be more empathetic about the whole situation. This is when the fourth step comes in action, after discussing the issue, there needs to be a change in the behavior that caused it, so that the relationship can move forwards and heal properly.
Answer:
Option C
Explanation:
In simple words, A swap bank refers to the entity that serves as just a broker for two counterparties that decide to apply through a rate of interest or exchange swap arrangement and must remain confidential. The swap banking incorporates both parts of the transaction and usually receives a reward price from both underwriters to encourage the swap.
Thus, from the above we can conclude that the correct option is C.
Answer:
trough
Explanation:
The economy is likely in the recovery stage of the business cycle, following a period of contraction and now moving into a period of expected growth, with authorities demonstrating concern about potential inflation.
Based on the provided information, the economy is likely in the recovery, or expansion, stage of the business cycle. The business cycle, as outlined by economic theory, includes four main stages: expansion, peak, contraction, and trough. In this situation, the economy suffered a period of decrease, or contraction, but this has stopped, indicating it reached the trough, or lowest point. Now that the economy is expected to grow at a higher rate, this indicates a move into the expansion phase. However, there is concern about inflation from the authorities, which is a common concern in a recovery period as demand starts to increase again, potentially driving up prices.
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Answer:
It reveals that the owner is completely aware about financial risk and wants to take precautions to ensure the success of his company.