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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: Pick the true statement. (Multiple Choice)
Post by: Sublight2097 on Jun 20, 2015
Pick the true statement.
A) It is possible for economic profit to be greater than accounting profit.
B) Accounting profit includes both the implicit and explicit costs of production.
C) Accounting profit is always greater than economic profit.
D) None of the above is a true statement.


Title: Re: Pick the true statement.
Post by: Smoooth on Aug 12, 2015
Content hidden


Title: Re: Pick the true statement.
Post by: Sublight2097 on Aug 31, 2015
Another one in the books, marking it solved.


Title: Re: Pick the true statement.
Post by: Smoooth on Aug 31, 2015
My pleasure :-]