If a Firm Has Revenues of $100, Explicit Costs of $50

question 39

Multiple Choice

If a firm has revenues of $100, explicit costs of $50, and implicit costs of $50, then its accounting profit is:

• A) $0
• B) $50
• C) $100
• D) $500

---

Definitions:

Stress Hormone Cortisol

A steroid hormone produced by the adrenal glands, released in response to stress and low blood-glucose concentration, playing a crucial role in the body's stress response.

Body Fat

The portion of the human body that consists of fat tissue, essential for energy storage, insulation, and protection.

Sleep Deprivation

The condition of not obtaining adequate sleep, which can impair cognitive function, mood, and physical health.

Food Temptations

Situations or stimuli that induce a desire to consume food, often in a way that conflicts with nutritional goals or dietary restrictions.