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Title: Which of the following would explain why economic profit might be less than accounting profit? Post by: Tidy on Jun 20, 2015 Which of the following would explain why economic profit might be less than accounting profit?
A) A firm's net income is less than its accounting profit. B) A firm has only explicit costs. C) A firm's net income is greater than its accounting profit. D) A firm has implicit costs as well as explicit costs. Title: Re: Which of the following would explain why economic profit might be less than accounting profit? Post by: Chimelo46 on Jul 31, 2015 Content hidden
Title: Re: Which of the following would explain why economic profit might be less than accounting profit? Post by: Chimelo46 on Aug 31, 2015 Glad to help you, and good luck with your course.
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