Which of the Following Statements Is False

question 1

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:

Structural Encoding

Structural encoding is the process of encoding information according to the structure of objects, focusing on the physical features rather than the meaning.

Phonemic Encoding

The process by which sounds are translated into mental symbols for storage in memory.

Semantic Encoding

The process of encoding sensory information into memory, attaching meaning and significance to it.

Phonemic Encoding

Phonemic encoding is the process of breaking down and translating spoken words into their basic sound units or phonemes, facilitating language understanding and processing.