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Other Fields Homework Help Economics Topic started by: Phydeaux on Dec 29, 2017



Title: Economic profits are (Multiple Choice Question)
Post by: Phydeaux on Dec 29, 2017
Economic profits are
A) equal to wages plus interest plus rent.
B) the owner's residual claim on the income of the business.
C) a stock not a flow.
D) equal to the owner's best alternative use of her time and money.
E) equal to revenue after taxes.


Title: Re: Economic profits are (Multiple Choice Question)
Post by: Aryan on Dec 29, 2017
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