Economic rents refer to the financial gains made from an asset that is in excess of the ordinary returns in a particular industry.

Answer the following statement true (T) or false (F)


True

Economic rents are the financial gains garnered from an asset or a capability that are in excess of the ordinary returns in that particular industry.

Business

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Which balance sheet accounts are most affected by operating activities?

a. Current assets and current liabilities b. Long-term assets c. Long-term liabilities d. Stockholders' equity

Business

XBRL style sheets take the instance documents and add presentation elements to make XBRL filings readable by humans.

Answer the following statement true (T) or false (F)

Business

As production moves up, the average cost per unit decreases because ________

A) variable costs decrease B) of increasing diseconomies of scale C) fixed costs are spread over more units D) overhead costs decrease E) revenue increases

Business

A(n) PRAGMAstatement instructs Oracle to use some additional information provided when compiling and executing a block.

Answer the following statement true (T) or false (F)

Business