tolzino7961 tolzino7961
  • 22-10-2017
  • Business
contestada

A firm pays its accountant an annual retainer of $10 000. is this an economic cost

Respuesta :

jkmckinney51 jkmckinney51
  • 22-10-2017
When the firm pays an annual retainer of $10,000, it is monetary transaction. The accountant trades their time for money in return. An annual retainer is an explicit cost which is an economic cost.
Answer Link

Otras preguntas

why did people immigrate to the United States in the late 1800s?
whats the most accurate estimation of 65+77
A pencil measures 14 cm long. How many millimeters long is it?
please explain how to solve this  On Monday,it took Helen 3 hours to do  a page of science homework exercises.The next day she did the same number of exercises
why did people immigrate to the United States in the late 1800s?
please explain how to solve this  On Monday,it took Helen 3 hours to do  a page of science homework exercises.The next day she did the same number of exercises
please explain how to solve this  On Monday,it took Helen 3 hours to do  a page of science homework exercises.The next day she did the same number of exercises
A pencil measures 14 cm long. How many millimeters long is it?
why did people immigrate to the United States in the late 1800s?
A pencil measures 14 cm long. How many millimeters long is it?