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.
Answer:
The society benefited from, and contributed to, a reform sentiment in much of the country promoting the abolition of slavery, expanding women's rights, temperance, and the improvement of society. Possibly because of its association with the abolitionist movement, the society was most successful in northern states.
Explanation:
Benefits and Challenges of living in a monsoon region.
Each season comes with some benefits and also with some challenging situations. So does monsoon season. Few benefits for people residing in monsoon regions are:
1.Water is the most essential need for a living. And monsoon helps fill the rivers and lakes which people can then use it. So basically people living in monsoon prone areas will hardly have water shortage.
2. Rainy season is also very important for animals and crops.
3. Talking about the temperature, monsoon regions always have a cool and warm atmosphere which liked by all.
While enjoying the benefits of monsoon, there are some challenging factors as well-
1. The most common challenge one can face is diseases which come from rain water. All water borne diseases is dangerous to health and can be cured soon
3. Another challenging situation comes when there is flood. For example, if one wants to reach urgently somewhere, then going at destination can be difficult.
3. Lastly, if rain is beneficial for crops, then excess rain can also damage them thus a great loss in agriculture has to be faced.
It is b. Treasury.
Hope this helped <span>:) </span>
