This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Economic profit equals accounting profit minus: a. explicit costs. b. implicit costs. c. fixed ... (Read 763 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Jun 30, 2018
Economic profit equals accounting profit minus:
 a. explicit costs.
  b. implicit costs.
  c. fixed costs.
  d. variable costs.

Question 2

Which of the following economic measures is most useful in comparing different economies across the world?
 a. Aggregate supply
 b. Total unemployment
 c. Gross domestic product
  d. Net national product
 e. Aggregate expenditure


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fatboyy09

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


SO00

  • Member
  • Posts: 568
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

vickyvicksss

  • Member
  • Posts: 351
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Economic and Social Development Economic and Social Development
Profit-maximizing Chart Profit-maximizing Chart
economic economic
economic question economic question
economic question economic question
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Conjunctivitis

For a complete list of videos, visit our video library