I think it was the modal t
I think the answer is D. Accounting profit.
To put it simply, accounting profit is a simple difference in number between What amount the firms pay out and what amount the firm receive.
An accounting profit differ from economic profit because accounting profit still has not considered opportunity cost that exist when a company choose to took an action into account.
If a colonist bought cloth from France, it would have to go to England first under the rules of the Navigation Acts.
Answer:
The caste system is structured in terms of the businesses. The area of work defines what caste a certain person belongs to. Work lines such as agriculture and trade are considered as the higher and more prestigious castes whereas the lower level works such as music is considered as a caste of lower rank.
People are known from the caste background they belong to and that defines their role in the society. People tend to marry in the same caste to avoid mixing up in lower castes. some castes are given preference over other in the employment market. This also gives rise to inequality in the society.
