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

Author Question: If a firm's economic profit is positive, its accounting profit must also be positive. a. True b. ... (Read 93 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
If a firm's economic profit is positive, its accounting profit must also be positive.
 a. True
  b. False

Question 2

If all my savings are invested in my consulting company, an increase in the interest rate increases my implicit costs.
 a. True
  b. False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CharlieArnold

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

A

Answer to Question 2

A





 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

For a complete list of videos, visit our video library