One assumption of the perfectly competitive model is free entry and exit. this assumption most directly leads to the implication that positive economic profit is only possible in the short run.
Profit is the difference between the return an economic agent earns from its output and the opportunity cost of its input. It equals total revenue minus total costs (including explicit and implicit costs).
Economic profit or loss is the difference between the revenue from the sale of output and the cost and opportunity cost of all inputs used. Opportunity cost and explicit cost are subtracted from earned revenue when calculating economic profit.
Learn more about economic profit here: brainly.com/question/24477585
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I think there’s no fixed answer. Since they have summer which is very hot and cold because it has winter although its short, and dry since its one of the condition during winter and dark since there’s night everywhere.
The correct answer among the choices listed above is option D. A political unit or body of people living within a specific territory under one federal government is defined as a state. It is composed of an executive, a bureaucracy, courts and other institutions.
Answer:
At the center of the stone, the face of Tonatiuh represents the current Aztec world, the Fifth Sun, whereas the surrounding symbols represent the calendric signs of the past four eras. On the stone, Tonatiuh's tongue is a sacrificial flint or obsidian knife protruding outwards.
Explanation:
sorry if im wrong
Because he needed to separate things <span />
