A firm's accounting profit is also its
A) economic profit. B) net income.
C) statement of liabilities. D) income statement.
Question 2
All else equal, an increase in the price of complementary products for the Apple Watch, such as Sensoria's wearable technology, would
A) shift the demand curve for the Apple Watch to the left.
B) shift the supply curve for the Apple Watch to the left.
C) shift the demand curve for the Apple Watch to the right.
D) shift the supply curve for the Apple Watch to the right.