menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economic Principles
  4. Exam
    Exam 11: The Cost of Doing Business
  5. Question
    An Economic Loss Is a _____ Profit
Solved

An Economic Loss Is a _____ Profit

Question 12

Question 12

Multiple Choice

An economic loss is a _____ profit.


A) negative explicit
B) negative economic
C) positive implicit
D) positive accounting

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q7: (Figure: Long-Run and Short-Run Average Total Cost

Q8: Accountants include _ in calculating accounting profit.<br>A)

Q9: The _ function indicates the amount of

Q10: _ costs are input costs that involve

Q11: (Figure: Cost Schedule) In the figure,

Q13: The _ cost curve is U-shaped.<br>A) total

Q14: (Figure: Costs) In the figure, what are

Q15: (Figure: Long-Run and Short-Run Average Total Cost

Q16: Wayne, a small business owner, had production

Q17: Costs that require a monetary payment are

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines