« previous next »

Author Question: Which of the following are two components of the opportunity cost of using capital already owned by ... (Read 21 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
on: Jun 29, 2018
Which of the following are two components of the opportunity cost of using capital already owned by the firm?
 
  A) economic profit and normal profit
  B) implicit rental rate and economic profit
  C) explicit rental rate and economic costs
  D) economic depreciation and forgone interest

Question 2

The rich should pay higher income tax rates than the poor is an example of a
 
  A) normative statement.
  B) positive statement.
  C) descriptive statement.
  D) theoretical statement.


xiazhe

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Components of Bone Components of Bone
Components of nail unit Components of nail unit
Typical components of software for a practice management system (PMS). Typical components of software for a practice management system (PMS).
(a) Blue arrows (right side): External components of the innate immune system: human body with skin, ... (a) Blue arrows (right side): External components of the innate immune system: human body with skin, ...
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Limbic System Components Limbic System Components
Video: Introduction to Eating Disorders

For a complete list of videos, visit our video library