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.
They do this to evaluate the nations economy and GDP or gross domestic product
Answer:
Natural resources are materials or things that people use from the earth. There are two types of natural resources. The first are renewable natural resources. They are called renewable because they can grow again or never run out. The second are called nonrenewable natural resources. These are things that can run out or be used up. They usually come from the ground.
Renewable natural resources
Let's look more closely at renewable natural resources. They are the ones that can grow again. Trees are a good example. If cut down, they can regrow from seeds and sprouts. Animals are another example. Baby animals are born and grow up. They replace older animals that die
Explanation:
In the scenario in which you have been studying biology in the library for the last couple of hours when you realize that you are getting really hungry and thirsty the hypothalamus played a key role in triggering feelings of hunger and thirst.The hypothalamus is a brain structure with a number of small nuclei and is responsible for control of the body temperature, hunger, important aspects of parenting and attachment behaviours, thirst, fatigue, sleep
