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Author Question: Normal profit is a(n) ________ cost because ________. (Read 36 times)

tiffannnnyyyyyy

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on: May 24, 2019
Normal profit is a(n) ________ cost because ________.
◦ implicit; it represents the cost of not running another firm
◦ explicit; a firm must pay income taxes on its profit
◦ implicit; it represents the cost of economic depreciation
◦ accounting; wages are considered an explicit cost
◦ depreciation; the equipment the firm owns wears out over time
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by tiffannnnyyyyyy on May 24, 2019

sarahccccc

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Reply #1 on: May 24, 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.
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tiffannnnyyyyyy

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

upturnedfurball

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Reply 3 on: Yesterday
Excellent

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