The difference between the cost of inputs and the value or price of outputs. ( disregard the dash; use space instead )
Question
Solution 1
The difference between the cost of inputs and the value or price of outputs is known as "economic profit" or "economic value added". Here's how you can calculate it:
Step 1: Determine the Cost of Inputs The cost of inputs includes all the expenses incurred to produce a product or service. This coul Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
The difference between the cost of inputs and the value or price of outputs. ( disregard the dash; use space instead )
ReLU activation function outputs a negative value for inputs less than zero.Group of answer choicesTrueFalse
The outputs of a manufacturing firm are the inputs of a merchandising business.Select one:TrueFalse
19) The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
Outputs divided by inputs over a specific period of time equals ______.Multiple choice question.productivitycashdividendsservice