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.
stereotype is defined as a widely held but fixed and oversimplified image or idea of a particular type of person or thing.
The answer is:
The dwarves doubt Bilbo's abilities as a burglar because he is a hobbit
Answer: (7) It appears that tremendous numbers of consumers are influenced by advertising, despite their claims to the contrary.
Explanation:
The main idea of this passage is that advertising works despite people's claims to the contrary.
This is the main idea because every other sentence centres around this one with the first sentence attempting to explain how it works.
The second sentence then attempts to disprove it while the third, fourth, fifth and the sixth show show evidence of its truthfulness.
Answer:
A lexile cap exist because certain people have certain reading limits.
Explanation:
