Accounting costs
A) are historical costs.
B) are replacements costs.
C) usually include implicit costs.
D) usually include normal profits.
A
Economics
You might also like to view...
Which of the following will cause the demand curve for Beatles' compact discs to shift to the right?
A) An increase in the price of the discs B) A decrease in consumers' incomes C) An increase in the price of Phil Collins' latest compact disc (a substitute) D) all of the above E) none of the above
Economics
If the international price of oranges is less than the domestic price of oranges in Spain, then Spain will export oranges to other countries
a. True b. False Indicate whether the statement is true or false
Economics