Answer:
a. $100, and her economic profits are $25
Explanation:
Accounting profit = Revenue - Explicit Cost
$150 - $50 = $100
Economic profit = Accounting profit - Opportunity cost
$100 - ($ 15 × 5)
$100 - $75 = $25
I hope my answer helps you
They will consider the team meetings to be extremely important.
Answer:
At the end of these four years, the federal government's public debt would have increased by $20 billion
Explanation:
Year 1:
Budget deficit=$40 billion
Year 2:
Budget deficit=$50 billion
Total budget deficit=$90 billion
Year 3:
Budget surplus=$20 billion
Year 4:
Budget surplus=$50 billion
Total budget surplus=$70 billion
Budget surplus - Budget deficit= $90 billion - $70 billion
=$20 billion
At the end of these four years, the federal government's public debt would have increased by $20 billion
yes
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