If the quantity of loanable funds supplied exceeds the quantity of loanable funds demanded, then ________

The price at which an option may be exercised is called the

A) market price. B) equilibrium price. C) strike price. D) fixed price.

Accounting profit is

a. always less than economic profit b. never less than economic profit c. equal to economic profit if a normal profit is earned d. less than economic profit only when implicit costs are greater than explicit costs e. greater than economic profit only when implicit costs are greater than explicit costs