Economic profits and losses: Group of answer choices A. equalize the distribution of income in the long run. have no influence on the composition of domestic output. B. are both considered by economists to be a part of production costs. C. are essential to the reallocation of resources from less desired to more desired goods.

Kayla and jada are roommates in new york city. both kayla and jada recently received pay raises. kayla now buys more movie tickets than before, but jada buys fewer. kayla behaves as if movie tickets are goods and jada's income elasticity of demand for movie tickets is

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?