Dead capital refers to
A) a capital resource that lacks clear title ownership.
B) a capital resource whose owner is deceased.
C) a capital resource jointly owned by more than one person.
D) a capital resource that has no more useful life.
A
Economics
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Aimee sells hand-embroidered dog apparel over the Internet. Her annual revenue is $128,000 per year, the explicit costs of her business are $42,000, and the opportunity costs of her business are $30,000. What is her accounting profit?
A) $12,000 B) $56,000 C) $86,000 D) $98,000
Economics
If the CPI is 120 in 1996 and 180 in 2002, then between 1996 and 2002, prices have increased by
A) 180%. B) 80%. C) 60%. D) 50%.
Economics