Accountants only concern themselves with direct costs which involve things like the cost of materials, rent, and labor for instance. This profit is aptly named "accounting profit".
Economists consider those costs as well, but they also include indirect costs such as opportunity costs of other investments. Recall that opportunity cost is the cost of what you give up if you make a certain decision.
For instance, if a car factory makes 4 door sedans, but it could be making more money with SUVs, then the opportunity cost is high and the economic profit is lower compared to the accounting profit.
Let’s do a Knock, knock joke! Knock, knock!
I would say the answer would be D)
because back then in the 20’s it was politically correct and acceptable to target particular ethnic groups from being able to migrate to your country.
All of the other immigration acts have occurred within the last 50 years or so when it would NOT be acceptable to enforce this kind of exclusion.
hope this helps!
