Which of the following would not appear on a firm's accounting statement?

a. sunk costs
b. fixed costs
c. explicit costs
d. implicit costs
e. insurance costs

D

Economics

You might also like to view...

Wages in the United States are higher than those in Mexico primarily because

a. output per worker is higher in Mexico than in the United States. b. output per worker is higher in the United States. c. the human and physical capital of American workers is lower than that of their Mexican counterparts. d. all of the above are correct.

Economics

The aggregate demand curve will shift to the right ________ the initial decrease in taxes

A) by less than B) by more than C) by the same amount as D) sometimes by more than and other times by less than

Economics