Which of the following is a true statement? 1. The calculation of economic profit includes explicit and implicit costs of production.
II. Accounting profit is usually greater than economic profit.
III. Economic profit is usually greater than accounting profit.
IV. The calculation of accounting profit includes total revenue.
O A. I and II only
OB. I, II and IV only
O C. I and IV only
D. II and III only
of 8 Answered

Iwas in a argument about a certain class grade with my teacher. it was a ‘a-’when i felt that i deserved a ‘a’. i showed him (my teacher) why i felt i derserved so. i questioned what i got wrong and showed him what i learned. i look back to that teacher with nothing but love and support because that’s the class that i actually learned the most. the moral of the story is to see where the other person is coming from and what they have done. also, when in a conflict, never attack the persons character. this will just make the argument end poorly.