Answer:
i)Long-term problems include inadequate investment in deteriorating infrastructure.
ii) rapidly rising medical and pension costs of an aging population.
iii)sizable trade and budget deficits.
Answer:
Performance.
Explanation:
Jessie and Johanna have discharged their contracts by performance. Performance means that both parties have done what was arranged and required by a contract. In other words, when a contract is discharged by performance what is being said is that it was a successful performance of the contract; where both parties were bound to, perform, realize certain things and did so as arranged.
Im pretty sure they didn't think it was right
Answer:
How did this lead to the Civil War? The north was shocked, because the highest court in America had declared it illegal for Congress to abolish slavery. They also felt that they should not listen to laws that were made solely by southern slaveholding citizens
Answer:
The correct answer is option a.
Explanation:
Accounting profit is the difference between total revenue earned and total explicit costs incurred in the process of production. Explicit cost is the direct cost involved in the production process.
The economic profit is the difference between the total revenue earned and the total explicit as well as the implicit cost incurred. The implicit costs are the indirect cost or opportunity cost of production.
Since accounting profit does not take into account implicit costs, it is greater than economic profit.
