[Answered] Economic profits are equal to accounting profits: a. In all cases b. In no cases c. When implicit ...

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Author Question: Economic profits are equal to accounting profits: a. In all cases b. In no cases c. When implicit ... (Read 124 times)

iveyjurea

Hero Member
Posts: 555

on: Jun 30, 2018

Economic profits are equal to accounting profits:
a. In all cases
b. In no cases
c. When implicit costs are zero
d. When implicit costs equal explicit costs

Question 2

If the quantity demanded for labor is more than the quantity supplied, there will be unemployment.
a. True
b. False
Indicate whether the statement is true or false

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bubulittle310@msn.cn

Sr. Member
Posts: 281

Reply #1 on: Jun 30, 2018

Answer to Question 1

c

Answer to Question 2

False

iveyjurea

Member
Posts: 555

Reply 2 on: Jun 30, 2018

Excellent

meow1234

Member
Posts: 333

Reply 3 on: Yesterday

Great answer, keep it coming

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