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zmudasam zmudasam
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5 years ago
If, as an entrepreneur, I am earning accounting profits of $75,000 per year and the opportunity cost of my time is $60,000

• I am earning economic profits of $75,000.

• I am in a long-run equilibrium position.

• I should close my business.

• I am earning economic profits of $15,000.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
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cooldawg69cooldawg69
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5 years ago
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zmudasam Author
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5 years ago
Smart ... Thanks!
TAT1238
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Yesterday
Thanks for your help!!
rhockeygirl
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2 hours ago
this is exactly what I needed
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