Which of the Following Statements Is False

question 39

Multiple Choice

Which of the following statements is false?

• A)Explicit costs of using market-supplied resources entail an opportunity cost equal to the dollar cost of obtaining the resources in the market.
• B)When economic profit is zero,the firm's owners could not have done better putting their resources in some other industry of comparable risk.
• C)If economic profit is positive,accounting profit must also be positive.
• D)If economic profit is negative,accounting profit must also be negative.
• E)None of the above statements is false.

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Definitions:

Repressed Emotions

Feelings that have been unconsciously pushed down or held back from conscious awareness, often as a defensive mechanism to avoid pain or anxiety.

Significant Figure

A digit in a number that contributes to its precision, indicating the extent of its accuracy.

Unconscious Conflicts

Internal struggles often stemming from repressed thoughts and feelings that lead to psychological tension and symptoms according to psychoanalytic theory.

Hidden Sexual Desires

Unconscious or suppressed sexual feelings that an individual may not be fully aware of or choose not to acknowledge.