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

Author Question: The costs of labor and land used to produce a product is A) administrative costs. B) costs of ... (Read 137 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
on: Jun 30, 2018
The costs of labor and land used to produce a product is
 A) administrative costs.
  B) costs of goods sold.
  C) net profit plus the cost of capital.
  D) none of these choices.

Question 2

Economic profit equals
 A) net operating profit after taxes plus the cost of capital.
  B) net operating profit after taxes divided by the cost of capital.
  C) net operating profit after taxes multiplied by the cost of capital.
  D) net operating profit after taxes minus the cost of capital.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shayla

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Chloeellawright

  • Member
  • Posts: 588
Reply 2 on: Jun 30, 2018
Excellent

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Percentages of adolescents indicating Benefits and Costs of employment. Percentages of adolescents indicating Benefits and Costs of employment.
The Distribution of the World's Land and Population The Distribution of the World's Land and Population
Large-scale circulation systems produce global climate patterns Large-scale circulation systems produce global climate patterns
Hydrogen burns to produce energy and water Hydrogen burns to produce energy and water
Many countries do not produce enough food and need to import food from the United States Many countries do not produce enough food and need to import food from the United States
Self-crossing F2 plants to produce an F3 generation shows that there are two different genotypes amo Self-crossing F2 plants to produce an F3 generation shows that there are two different genotypes amo
Video: Bone tissue types - compact and spongy

For a complete list of videos, visit our video library