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Phydeaux Phydeaux
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6 years ago
Economic profits are
A) equal to wages plus interest plus rent.
B) the owner's residual claim on the income of the business.
C) a stock not a flow.
D) equal to the owner's best alternative use of her time and money.
E) equal to revenue after taxes.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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AryanAryan
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6 years ago
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