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

Author Question: Normal profit is a(n) ________ cost because ________. (Read 14 times)

tiffannnnyyyyyy

  • Hero Member
  • *****
  • Posts: 512
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tiffannnnyyyyyy on May 24, 2019

sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
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.
Answer Preview
Only 60% of students answer this correctly


tiffannnnyyyyyy

  • Member
  • Posts: 512
Reply 2 on: May 24, 2019
Great answer, keep it coming :)

Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

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?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Tonsils—normal and enlarged. Tonsils—normal and enlarged.
Emphysema. (a) Illustration comparing normal lungs and emphysemic lungs. The inserts illustrate how Emphysema. (a) Illustration comparing normal lungs and emphysemic lungs. The inserts illustrate how
Osteoporosis. (a) A section through normal spongy bone. (b) A section through a bone with osteoporos Osteoporosis. (a) A section through normal spongy bone. (b) A section through a bone with osteoporos
A comparison of (a) uniform, cup-shaped, normal erythrocytes A comparison of (a) uniform, cup-shaped, normal erythrocytes
Listening to Normal Speech or Its Prosodic Components Functional MRI scans were made while subjects Listening to Normal Speech or Its Prosodic Components Functional MRI scans were made while subjects
How to find the tangential and normal components of a vector How to find the tangential and normal components of a vector
Video: Interview with Person who has Schizophrenia

For a complete list of videos, visit our video library