Zipco's accounting profit is equal to its
a. total revenue minus opportunity costs
b. total revenue plus opportunity costs
c. total revenue minus imputed costs
d. total revenue minus explicit costs
e. total revenue minus explicit and implicit costs
D
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Food stamps and Medicaid are in-kind transfer programs
a. True b. False Indicate whether the statement is true or false
Which would be a likely cause of an increase in the price of pizza?
a. A decrease in the price of hamburgers, a substitute food b. A health report showing eating pizza reduces stress c. A decreased interest in take-out and fast-food dining d. An increase in the price of cheese, a complement
What does empirical research suggest about the existence of pollution havens?
What will be an ideal response?
Refer to the table below, which shows the ranked preferences of voters for three alternative projects, with "1" being the top preference. In a paired-choice vote between a stadium and a park:
A. A majority of the voters would favor the park, 2-to-1
B. A majority of the voters would favor the stadium, 2-to-1
C. A majority of the voters would favor the park, 3-to-0
D. A majority of the voters would favor the stadium, 3-to-0