This topic contains a solution. Click here to go to the answer

Author Question: An economic profit is A) an opportunity cost of the company. B) a cost that is always measured ... (Read 124 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
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
Answer to Question 1

D

Answer to Question 2

B




Haya94

  • Member
  • Posts: 558
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

For a complete list of videos, visit our video library