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Economic profit is the difference between a firm's revenue and its opportunity costs. (True or false?)

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Economic profit is the difference between a firm's revenue and its opportunity costs. (True or false?)

Economic profit is the difference between a firm's revenue and its opportunity costs.
True or false?

Textbook

Essentials of Economics

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

Read 205 times

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