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

Author Question: Economic costs (Read 50 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
on: Apr 19, 2019

Question 1

Economic costs


◦ include both a normal rate of return on investment and the opportunity cost of each factor of production.
◦ are equal to the direct costs of hiring all factors of production.
◦ are the opportunity cost of each factor of production minus any interest charges paid on borrowed funds.
◦ are equal to total revenue minus accounting profit.

Question 2

Economic costs


◦ include both a normal rate of return on investment and the opportunity cost of each factor of production.
◦ are equal to the direct costs of hiring all factors of production.
◦ are the opportunity cost of each factor of production minus any interest charges paid on borrowed funds.
◦ are equal to total revenue minus accounting profit.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by CQXA on Apr 19, 2019

Zebsrer

  • Sr. Member
  • ****
  • Posts: 284
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly


CQXA

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Apr 19, 2019
Thank you!


Zebsrer

  • Sr. Member
  • ****
  • Posts: 284
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Health Care Costs for the Elderly and Disabled Health Care Costs for the Elderly and Disabled
Economic and Social Development Economic and Social Development
Dagny Taggart is a graduating college senior and she is considering the costs of going to ... Dagny Taggart is a graduating college senior and she is considering the costs of going to ...
economic question economic question
economic question economic question
economic question economic question
Video: Definition of heart rate

For a complete list of videos, visit our video library