Economists and accountants both include forgone income as a cost to a small business owner

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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The question "Will doctors or lawyers have higher annual incomes?" represents which of the three basic economic questions?

What will be an ideal response?

Economics

When bank tellers converse with each other, keeping customers waiting in line, they are

A) unemployed. B) out of the labor force. C) working in the best interest of the agent. D) working in the best interest of the principals.

Economics