The Difference Between Zero Accounting Profit and Zero Economic Profit

question 36

Multiple Choice

The difference between zero accounting profit and zero economic profit is that

• A)an economic profit of zero indicates a fair rate of return because it includes opportunity cost.opportunity cost and 
• B)an economic profit of zero indicates an unacceptable rate of return because it does not include opportunity cost.
• C)an economic profit of zero indicates more than a fair rate of return because it includes opportunity cost and explicit cost..
• D)an accounting profit of zero indicates a fair rate of return because it includes opportunity cost.

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Definitions:

Phosphate Levels

The concentration of phosphate ions in the blood, which are important for energy storage and transfer, bone formation, and many other physiological processes.

Potassium Levels

Refer to the concentration of potassium in the blood, essential for muscle function, nerve function, and fluid balance in the body.

Chvostek Sign

A clinical sign where facial muscles twitch upon tapping the facial nerve, indicative of conditions like hypocalcemia.

Hyperparathyroidism

A disorder of the parathyroid glands in which there is overproduction of parathyroid hormone, leading to elevated levels of calcium in the blood.