A firm with positive accounting profit may be suffering an economic loss.

Name: A firm with positive accounting profit may be suffering an economic loss.
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Accounting profit only takes into account explicit costs, while economic profit takes into account both explicit and implicit costs. Therefore, a firm may have positive accounting profit but may be incurring significant implicit costs, such as opportunity costs or the cost of owner's time and resources, leading to an economic loss.

A Firm with Positive Accounting Profit May Be Suffering an Economic