Author Question: An economic profit is A) an opportunity cost of the company. B) a cost that is always measured ... (Read 131 times)

Haya94 · **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.