Which of the following statements is correct, Macroeconomics

Assignment Help:

Which of the following statements is true?

a. economic profit equals accounting profit minus implicit costs

b. the short run is any period of time in which there is at least one fixed input

c. a fixed input is any resource for which the quantity cannot change during the period under consideration

d. in the long run there are no fixed costs

e. all of these.


Related Discussions:- Which of the following statements is correct

A history of canadian economy, i have an assignment i need it to be done by...

i have an assignment i need it to be done by thursday march the 10th before midnight

Actively-managed mutual funds, A sample of 60 mutual funds was taken and th...

A sample of 60 mutual funds was taken and the mean return in the sample was 13% with a standard deviation of 6.9%. The return on a particular index of stocks (against which the mut

Countries with lower standards of living, The United States is considered t...

The United States is considered to be an industrialized nation because we have such a high standard of living. Countries with lower standards of living are considered to be emergin

What is modifications to a polymer, What are three modifications to a polym...

What are three modifications to a polymer that can make it transparent? How will these modifications affect the mechanical properties of the polymer?

Explain the economy automatic stabiliser, Explain the economy automatic sta...

Explain the economy automatic stabiliser A budget deficit is shortfall between a government's tax revenue and its spending in a given year. If a government runs a budget defici

#GDP, #“Nominal GDP declined between 2008 and 2009, therefore the GDP defla...

#“Nominal GDP declined between 2008 and 2009, therefore the GDP deflator must also have declined.”

Define the labor market, Q. Define the Labor Market? A significant macr...

Q. Define the Labor Market? A significant macroeconomic variable is the total amount of labor which is used in a certain time period. Amount of labor and amount of capital are

5 key pieces of data, Review the Federal Reserve Board website. Identify at...

Review the Federal Reserve Board website. Identify at least five key pieces of data (links) you would use in microeconomic decision making on the Web site, and tell what data that

How internal resources important, Why is it important to study the internal...

Why is it important to study the internal resources, capabilities, and activities of firms? What insights can be gained?

Moodys and standard & poors study corporations, Firms such a Moody's and St...

Firms such a Moody's and Standard &Poor's study corporations that issue bonds. They publish "ratings" for the bonds- evaluation of the likelihood of default. Suppose these rating c

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd