Business, 18.12.2019 21:31 ruthd113

Economic profits are (select one):

a. always larger than accounting profits.
b. the sum of accounting profits and implicit costs.
c. equal to the difference between accounting profits and implicit costs.
d. equal to the difference between total revenues and implicit costs.

Answers: 3

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Economic profits are (select one):

a. always larger than accounting profits.
b....

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