Answer:
A) 12th Amendment
Explanation:
12th Amendment provides the procedure for electing the Vice President and the President.
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<span>Samuel de Champlain was the most associated with the first successful European settlement in Canada.</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.
