[Answered] Accountants and Economists differ in their calculations of profits in that the former consider a. ...

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lunatika

Hero Member
Posts: 548

on: Jul 1, 2018

Accountants and Economists differ in their calculations of profits in that the former consider
a. sunk costs
b. implicit costs only
c. explicit costs only
d. fixed costs

Question 2

If US consumers want to buy Chinese goods, they will
a. Buy Yuan and sell US Dollars
b. Sell Yuan and buy US Dollars
c. Neither buy nor sell Yuan
d. Neither buy nor sell dollars

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aliotak

Sr. Member
Posts: 326

Reply #1 on: Jul 1, 2018

Answer to Question 1

c

Answer to Question 2

a

lunatika

Hero Member
Posts: 548

Reply #2 on: Jul 1, 2018

Thank you

aliotak

Sr. Member
Posts: 326

Reply #3 on: Jul 1, 2018

No problemo

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