The Russians were upset because the terms of the treaty were extremely harsh. Russia had to give up almost half of its European territory and turn them over to Germany. Russia lost large areas of prime agricultural lands, eighty per cent of the coal mines and half of its other industries. Russia also had to pay six billion marks in reparation.
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A 10 cm3<span> sample of copper has a mass of 89.6 g.</span>
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.
