1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Airida [17]
3 years ago
12

What is the difference between accounting profits and economic profits? which of the two concepts is more appropriate for explai

ning decisions made by entrepreneurs? explain?
Business
1 answer:
Leya [2.2K]3 years ago
8 0
Economic profits. An entrepreneur is more interested in economic profits
You might be interested in
The impact of Inequality on businesses<br>​
ivanzaharov [21]

Answer: Plainly put, extreme income inequality, such as the kind found in Sub-Saharan Africa and South Asia, cause economic inefficiency. The relatively wealthy tend to save a much higher proportion of their income than the poor. In order to grow economically, a society must have robust rates of consumption. However, if most of the wealth of a country is owned by a very small percentage of its population, that wealth is saved, not spent. These savings are then invested by individuals and financial institutions.

Explanation:

3 0
3 years ago
A society whose economic system is engaged in the processing and control of information is called a(n):
ss7ja [257]
Postindustrial society
7 0
3 years ago
Successfulness of the competition policy in South Africa​
Gwar [14]

Answer:

Five examples that support successfulness of the competition policy of South Africa are: 1) The product choices along with its competitive prices were provided to the consumers. 2) Practices such as horizontal collusion and resale price maintenance was declared unlawful in 1984.

Explanation:

8 0
3 years ago
About 85% of this country is counted in the labor force is involved in agriculture. This country mostly produces cocoa, coffee,
Sever21 [200]

Answer:

Traditional Stage

Explanation:

In the traditional stage, most of the occupation of the population is always agriculture, the people are over reliant on the finished goods of other countries because of their lower wealth and most of the population is living in the rural areas, which is the case here. As it seems that the country is struggling to achieve a take-off stage because it is trying to attract foreign investment (An American company has invested in Oil reserves extraction), so we can say that it is still in the traditional stage because it hasn't increased its home demand for technology, infrastructure development, production increases, greater trade with other countries, etc which are the characteristics of the take-off stage.

5 0
3 years ago
Round 1/3 of who can answer the fastest (part 2)
faust18 [17]

Answer:

1st

Explanation:

3 0
3 years ago
Other questions:
  • To make sure they stock clothes that their customers will purchase, a department store implements a new application that analyze
    11·1 answer
  • The Color Box uses a combination of common stock, preferred stock, and debt financing. The company wants preferred stock to repr
    13·1 answer
  • Sale of partnership interestThe partners in the Biz Partnership have agreed that partner Mandy may sell her $100,000 equity in t
    13·1 answer
  • Many telecom firms began digging up the ground and laying webs of fiberglass to meet the growing demand for Internet connectivit
    13·1 answer
  • Which of the following arguments about job analysis is most effective in order to gain the support of top managers? Group of ans
    5·1 answer
  • Ecker Company reports $1,750,000 of net income for 2017 and declares $245,000 of cash dividends on its preferred stock for 2017.
    14·1 answer
  • If a production process creates positive​ externalities, a competitive market produces too few positive externalities because th
    11·1 answer
  • A seller (or provider) of goods or services to a business organization is known as a:
    9·1 answer
  • How can you describe the business in no more than 2 sentences?
    15·1 answer
  • 1 - At the Montell Company, functions are divided into areas of specialization such as production, marketing, accounting, and fi
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!