Myron worked at a factory where he earned $20,000 per year. He quit his job and opened a bumper sticker business. After one year, his business earned $60,000 in sales revenue and he incurred $30,000 in direct business expenses. If he received no salary from the new business, what is his accounting profit?

The __________ serves as a practical reference point for all other securities markets

A) commercial paper market B) New York Stock Exchange C) over-the-counter market D) U.S. government securities market

Which of the following are considered factors of production?I.LandII.LaborIII.Physical capitalIV.Entrepreneurship

A. I and II only B. I and III only C. I, II and III only D. I, II, III and IV