When Economic Profits in an Industry Are Zero and Implicit

question 167

Multiple Choice

When economic profits in an industry are zero and implicit costs are positive:

• A) accounting profits will be greater than zero.
• B) resources will be attracted to the industry.
• C) resources will not tend to either enter or leave the industry, other things equal.
• D) both (a) and (c) will be true.

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Definitions:

Manipulation of Web Pages

The act of altering or controlling the content or appearance of websites in a deceptive or unauthorized manner, often for misleading purposes or to gain unfair advantages.

Cyberstalking

The use of electronic or online means to stalk or harass an individual, a group, or an organization.

Discrimination

Unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexuality.

Expressing Hate

The act of showing intense dislike or hostility towards individuals or groups, often through words, behaviors, or symbolic gestures.