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If a firm traded on the New York Stock Exchange posts an accounting profit of $10 million, then the ...

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If a firm traded on the New York Stock Exchange posts an accounting profit of $10 million, then the ...

If a firm traded on the New York Stock Exchange posts an accounting profit of $10 million, then the firm is making a positive economic profit
A) only if the Securities and Exchange Commission (SEC) approves the accounting report.
B) only if the firm's opportunity cost is less than $10 million.
C) only if the firm's opportunity benefit is more than $10 million.
D) only if the firm's management receives stock compensation.

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Microeconomics

Edition: 6^th

Author: Perloff

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