Accounting Profits Equal Total Revenue Minus

question 335

Multiple Choice

Accounting profits equal total revenue minus

• A)total explicit costs.
• B)total implicit costs.
• C)total economic costs.
• D)economic profits.

---

Definitions:

Gay Marriage

The legal or socially recognized union of two individuals of the same sex, also known as same-sex marriage.

Material Culture

The physical objects, resources, and spaces that people use to define their culture, including buildings, artwork, tools, and clothing.

Norms

Shared expectations and rules that guide behavior of people within social groups.

Values

Core beliefs or principles that guide an individual's behavior and decision-making, reflecting what is important in their life.