The difference between a firm's total revenues and total costs when all explicit and implicit costs are included is the firm's
a. economic profit.
b. accounting profit.
c. opportunity cost of capital.
d. long-run average total cost.
A
Economics
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A rise in the real interest rate
A) shifts the demand for loanable funds curve rightward. B) shifts the demand for loanable funds curve leftward. C) creates a movement upward along the demand for loanable funds curve. D) creates a movement downward along the demand for loanable funds curve.
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Universal service may require making a service available in small communities where the limited scale of operations may make costs extremely high
a. True b. False Indicate whether the statement is true or false
Economics