Respuesta :
When an economy incurs larger and larger incremental losses as it moves production away from one good and toward another can best be described as competition policy. Economic profit is calculated by deducting opportunity costs and explicit costs from revenues earned. Opportunity costs are a form of implicit cost that management determines and will vary depending on different events and viewpoints.
The consequence of eliminating both explicit and opportunity expenses from income is economic profit. Opportunity costs are the profits that a company foregoes when deciding between two options. In contrast, economy profit is not recorded on a company's financial accounts and is not needed to be disclosed to regulators, investors, or financial institutions.
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