Top Posters
Since Sunday
New Topic  
hiusy98 hiusy98
wrote...
Posts: 1526
Rep: 1 0
7 years ago
Economists recognize what is sometimes referred to as "psychic income" such as the value some people attach to being their own boss. As such, failure to factor in psychic income when calculating economic profit could result in an understatement of the actual economic profit received from a particular enterprise.
Is this statement true or false, please advise
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 94 times
2 Replies
Replies
Answer verified by a subject expert
sofreshsofresh
wrote...
Posts: 466
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Sweet Caroline
Good times never seemed so good
I've been inclined,
To believe they never would
Oh, no, no

Related Topics

hiusy98 Author
wrote...
7 years ago
I owe you my life lol
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1246 People Browsing
Related Images
  
 191
  
 345
  
 224
Your Opinion
Do you believe in global warming?
Votes: 370