Economic profits equals total revenues minus the sum of explicit costs and implicit costs. Since explicit costs are already subtracted when arriving at the accounting profit, we can find economic profit by subtracting the implicit costs from the accounting profit....
Economic profit equals:A.normal profits plus opportunity costs.B.business profits minus implicit costs.C.business profits plus implicit costs.D.normal profits minus opportunity costs.的答案是什么.用刷刷题APP,拍照搜索答疑.刷刷题(shuashuati.com)是专业的大
Economists define economic profit as: a. total revenue - total cost b. marginal cost- total revenue c. average cost - average fixed cost d. none of the above Profits: Profits can be identified as the leftover money with the b...
A firm's accounting profit is always greater than its economic profit because: a. accounting profit is always positive, no matter what kind of firm it is. b. accounting profit considers implicit costs, which economic profit does ...
4.EVA is the real economic profit which equals net profit after tax minus allassets cost including stock ownership and debts.经济增加值(VA)从税后净利润中扣除包括股权和债务的所有资金成本后的真实经济利润。 5.The Application of Profit Evaluation in Modern Company Management;经济利润评价在现代公司治理...
Profit, then, equals total revenue minus total costs.An accountant is mainly concerned with cash flow, and, thus, costs are anything requiring payment. However, economists also consider opportunity cost as a cost of doing business since this yields greater insight into the selection of a ...
energy resources have been degraded by depletion. The mathematics here involve the ratio of resource conversion, the quantity of energy available to the system, and the ECoE cost of that energy. Just as “energy minus ECoE equals surplus energy”, so “output minus ECoE equals material ...
earn an economic profit equal to -$700 我們有專家為這個問題所編寫的解答! Economic profit is total revenue minus all opportunity costs. In Figure 5.3, what is the curve marked I? marginal cost In Figure 5.3, what is the curve marked III? marginal revenue In the long run, all of a firm...
Profit for a Firm: The profit for a firm may be determined from the perspective of an accountant or economist. The costs are usually categorized into explicit costs and implicit costs to calculate the economic profit and accounting profit. ...
The private banking division’s profits equal the sum of the revenues from the transferred and new customers minus the cost. The cost of the private banking division is captured by its efforts to serve customers. Typically, the private banking division employs professional client managers who spend...