To calculate the Economic Profit we must deduct which of the following cost from our total revenues?

A. Opportunity cost

B. Direct cost

C. Rent cost

D. Wage cost

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. In 1890, Principles of Economics was written by:
  2. Price discrimination is undertaken with the aim of:
  3. All of the following are capital resources except:
  4. Marginal Utility (MU) curve is always:
  5. A shift in the demand for a product is likely to result from a change in:
  6. Law of variable proportions is based on the assumption of:
  7. When income of the consumer increases then demand curve of an inferior good:
  8. Excess capacity is not found under:
  9. Suppose income increases by 10% and demand for commodity increases by 5% then the income elasticity…
  10. We can find total utility by:
  11. Any expansion in output by a firm in the short period will always reduce the:
  12. The amount of income left over for a consumer in equilibrium is :
  13. Regarding economic decisions, economics of uncertainty identifies:
  14. The firm in cournot model:
  15. If in the long run all factor inputs are increased three times and the resulting output is four times…
  16. The marshallian demand curve includes:
  17. The demand curve slopes downwards due to:
  18. Gold is bought and sold in a:
  19. AR curve under perfect competition:
  20. Of the following commodities, which has the lowest price-elasticity of demand?
  21. The production techniques are technically efficient:
  22. The products, under monopolistic competition are differentiated, yet they are:
  23. Cross-elasticity of demand or cross-price elasticity between two complements will be:
  24. Production indifference curve (isoquant) is a curve which shows:
  25. The least cost combination of factors x , y and z will generally be the point at which:
  26. The MRTS along an iso-quant goes on to:
  27. Rational economic behavior on the part of the consumer means that he will:
  28. When total revenue is maximum in monopoly, elasticity of demand is:
  29. The demand of the necessities is:
  30. Income-demand curve shows: