Assets minus liabilities equals A) implicit costs. B) ...

[anjilletteb]

Assets minus liabilities equals
 
  A) implicit costs. B) accounting profit. C) economic profit. D) net worth.

Question 2

What would the Lorenz curve look like if the income distribution were equal?
 
  What will be an ideal response?

[kjo;oj]

Answer to Question 1

D

Answer to Question 2

If incomes were equal the Lorenz curve would look like a 45-degree line.