This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An economic profit is A) an opportunity cost of the company. B) a cost that is always measured ... (Read 40 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
on: Jun 29, 2018
An economic profit is
 
  A) an opportunity cost of the company.
  B) a cost that is always measured by the accountant.
  C) the amount of profit an accountant calculates for a company.
  D) not the same as the company's normal profit.

Question 2

Economic growth is best defined as
 
  A) decreases in potential GDP.
  B) increases in potential GDP.
  C) rightward shifts of the AD curve.
  D) rightward shifts of the SAS curve.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mariahkathleeen

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Haya94

  • Member
  • Posts: 558
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Economic and Social Development Economic and Social Development
Global Economic Relationships Global Economic Relationships
Helgeson Company has identified the following items for possible inclusion when taking a ... Helgeson Company has identified the following items for possible inclusion when taking a ...
economic question economic question
economic question economic question
Economic practice question Economic practice question
Video: Blood Flow through the Human Heart

For a complete list of videos, visit our video library