[Answered] Economic profit equals accounting profit minus: a. explicit costs. b. implicit costs. c. fixed ...

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Author Question: Economic profit equals accounting profit minus: a. explicit costs. b. implicit costs. c. fixed ... (Read 638 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

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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

Excellent

irishcancer18

Member
Posts: 310

Reply 3 on: Yesterday

Gracias!

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