Recent Posts • Latest Topics • Unanswered Questions

Top Posters

Since Sunday

T

3

s

3

o

3

G

3

k

3

C

3

a

3

K

3

f

3

j

3

b

3

c

3

Normal profit is a(n) cost because .

Loraine

wrote...

Go to Answer

Posts: 4563

Rep:

9 years ago

Normal profit is a(n) ________ cost because ________.

Normal profit is a(n) ________ cost because ________.
A) implicit; it represents the cost of not running another firm
B) explicit; a firm must pay income taxes on its profit
C) implicit; it represents the cost of economic depreciation
D) accounting; wages are considered an explicit cost
E) depreciation; the equipment the firm owns wears out over time

Textbook

Essential Foundations of Economics

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

Read 545 times

3 Replies

Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

Replies

Answer verified by a subject expert

Chimelo46

wrote...

#1

Top Poster

Posts: 5641

Rep:

9 years ago

Sign in or Sign up in seconds to unlock everything for free

More solutions for this book are available here

Related Topics

Solved A ________ links an indirect cost to a cost object.
Solved The $40,000 represents a(n) ________. (Multiple Choice)
Solved An implicit cost is (Multiple Choice Question)
Solved ________ is called an implicit cost, while ________ is called an explicit cost.
Solved Costs paid in money to hire a resource is
Solved Which of the following statements is true?
Solved Which of the following statements is true?
Solved The cost function y = $10,000: (Multiple Choice)

Show More

Chimelo46

wrote...

#2

9 years ago

Glad to help you, and good luck with your course.

DC 2.

wrote...

#3

4 years ago

thank you!

Explore

Post your homework questions and get free online help from our incredible volunteers

1105 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

AJAX Chat © blueimp.net Integrated with SMF

Related Images

321

648

399

Your Opinion

Previous poll results: Which of the following is the best resource to supplement your studies:

Bonobos, Chimpanzees, and the 98% DNA Link

It's sore throat season, why does my mucus have red spots?

The Toxic Skin and Fungi Defense

Strange Ingredients Lurking in Doritos Chips

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.