They would trade grains oils and textiles for timber wind and metals and stones
Answer:
He is a neutral person.
Explanation:
He discovered a lot of good things but at the same time he caused people to die.
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.
The most pressing issues are economics,health and housing.<span>
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