Linda sells 100 bottles of homemade ketchup for $10 each. the cost of the ingredients, the bottles, and the labels was $700. in addition, it took her 20 hours to make the ketchup and to do so she took time off from a job that paid her $20 per hour. linda's accounting profit is while her economic profit is

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand

Which feature is a characteristic of a corporation?