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Home Q & A Board Other Fields Homework Help Business Economics
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Sublight2097 Sublight2097
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9 years ago
If an economist were to consult for a major Fortune 500 company, and he reached the conclusion the firm was making zero economic profit,
A) the firm's accounting profit would be greater than zero.
B) the firm should go out of business immediately.
C) the firm's accounting profits would be lower.
D) the economist's numbers were probably wrong because economic profit can never be zero.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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#1
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9 years ago
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Sublight2097 Author
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#2
9 years ago
Another one in the books, marking it solved.
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#3
9 years ago
Don't mention it Happy Dummy
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