Consumer surplus is the difference between what the producer actually receives for a good and what the producer is willing to receive

When the implicit cost of capital is positive, then the:

a. firm's accounting profit will be less than its economic profit. b. firm's economic profit will be less than its accounting profit. c. firm's explicit costs will be zero. d. firm is incurring no opportunity costs

The evidence usually cited to prove that globalization hurts workers in developing countries

A) is inconclusive due to poor statistical design of the underlying samples. B) is inconclusive due to the poorly funded Central Statistical Office of Mexico. C) is inconclusive due to the ambiguous theoretical implications of the findings. D) is conclusive. E) does not take into account the Heckscher-Ohlin model.