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Sean is a basketball player who had been hired by a major cereal manufacturer to promote one of its brands of cereal.Last week,Sean received national coverage when he was arrested for drunk driving.This week,the cereal manufacturer cancelled his contract.Based on the research into factors that influence persuasion,why did the company cancel Sean's contract
Economic Profit
The difference between total revenue and total costs, including both explicit and implicit costs, indicating the financial performance beyond the break-even point.
Human Capital
The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value.
Physical Capital
Tangible assets used in the production of goods and services, such as machinery and buildings.
Generates Output
The process of producing or delivering a result, product, or service from a set of inputs or processes.
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