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.
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When you run for political office people have many opinions on politics. It can make or break your reputation. Anything you do will become controversial and it will not be entirely a good thing. Take Obama Care as an example. NO one is on one side
Hi there!
The amount of kinetic energy directly relates to the mass of an object, since the heavier an object is, the more kinetic energy is needed to move it a certain distance.
Hope this helps!
