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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 111 times)

iveyjurea

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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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

False


iveyjurea

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  • Posts: 555
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kswal303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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