Differences between accounting profit and economic profit

Assignment Help Business Economics
Reference no: EM13742884

Discuss the differences between accounting profit and economic profit. What does it mean when a company makes zero accounting profit? How about zero economic profit?

Reference no: EM13742884

Questions Cloud

Find the npv and pi of a project : Find the NPV and PI of a project that costs $1,500 and returns $800 in year one and $850 in year two. Assume the project's cost of capital is 8 percent.
What are the different types of dependencies : What are the different types of dependencies. There are four different types of dependencies, including
Compute taxable income and income taxes payable : 1) Compute taxable income and income taxes payable for 2013. 2) Prepare the journal entries for income tax expenditure.
What is a consumer consideration set : What is a consumer's consideration set? How is it determined?Can a consumer's consideration set be influenced? If so, how?Have you ever made a compromise in your purchase decision? What influenced your decision to do so?
Differences between accounting profit and economic profit : Discuss the differences between accounting profit and economic profit. What does it mean when a company makes zero accounting profit? How about zero economic profit?
Value of a share of kenneth cole productions : What is the value of a share of KCP in July 2012? The value of a share of KCP in July of 2012 is?
Why do you think this price control exists : Identify an instance where a price control is used in our markets. Why do you think this price control exists? Also discuss the possible negative effects it may have on the market
Grade point average : Essay question: As a student, you are currently, paying $5,000 in tuition annually. You work and decide you want to devote more time to your studies to increase your grade point average (GPA); therefore, you give up your job earning $25,000 annually...
A firm has a monopoly on a new type of gaming console : A firm has a monopoly on a new type of gaming console. The market demand is given by P=175.3-0.003*Q and thus marginal revenue is MR=175.3-0.006*Q. The monopolist's marginal cost is MC=5.2+0.001*Q. Calculate the profit-maximizing production quantity.

Reviews

Write a Review

Business Economics Questions & Answers

  Explain how does the price elasticity of demand for corn oil

Explain how does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil

  Explain how gdp is measured in your country

Explain how GDP is measured in your country - analyse and explain who would benefit directly and who would lose directly from such restrictions.

  Q1 the total operating revenue of a public transportation

q1. the total operating revenue of a public transportation authority is 100 million while its total operating cost is

  Full employment is without a doubt the ultimate goal of

full employment is without a doubt the ultimate goal of every nation however in spite of the failures of controlled

  Analyze the economics of new orleans

Analyze the economics of New Orleans in light of the above parameters and develop your own Cost-Benefit Analysis (CBA) for rebuilding

  Draw indifference curves reflecting

Draw indifference curves reflecting the following statements:

  What is the optimal consumption bundle

What is the optimal consumption bundle (a*,b*)? What can you say about this utility function?

  Q1 explain the essential distinctions among the

q1. explain the essential distinctions among the stages-of-growth theory of development the structural change models of

  Should the company buy or lease the fleet of trucks

Should the company buy or lease the fleet of trucks that it uses to transport it's products to market?

  Explain how many boxes of lettuce should the supermarket

Past history says that tomorrow's demand for lettuce averages 250 boxes with a standard deviation of 34 boxes. Explain how many boxes of lettuce should the supermarket purchase tomorrow.

  Division of general aeronautics

The manager of the aerospace division of General Aeronautics has estimated the price it can charge for providing satellite launch services to commercial firms.

  How owner and operator of a perfectly competitive firm

Suppose that you are the owner and operator of a perfectly competitive firm with the following total cost function.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd