If your business earns $100,000 in revenues, has explicit costs of $80,000, and implicit costs of $50,000, your economic profit is

What is hedonic analysis?

What will be an ideal response?

If two goods are substitutes, then

a. an increase in the demand for one of them will lead to an increase in demand for the other b. an increase in the demand for one of them will lead to a decrease in demand for the other c. an increase in the supply of one of them will lead to an increase in supply of the other d. an increase in the supply of one of them will lead to a decrease in supply for the other e. they cannot be produced at the same time