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Author Question: The main factor that explains the difference between accounting cost and economic cost is A) ... (Read 78 times)

soccerdreamer_17

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on: Jul 1, 2018
The main factor that explains the difference between accounting cost and economic cost is
 
  A) opportunity cost.
  B) fixed cost.
  C) variable cost.
  D) All of the above help to explain the difference.

Question 2

The price elasticity of supply when the supply curve is Q = 5 is
 
  A) 5.
  B) perfectly inelastic.
  C) perfectly elastic.
  D) Cannot be calculated from the information provided.


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joneynes

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


soccerdreamer_17

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

meow1234

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Reply 3 on: Yesterday
Wow, this really help

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