All of the following,except one,are included in the profit earned by a firm's owners.Which is the exception?
A) the reward for developing new products
B) the reward for moving an established business into new geographic markets
C) the reward for risk taking
D) salaries that compensate for the owners' time
E) dividend payments to the stockholders
Correct Answer:
Verified
Q1: Q2: The return to owners for innovation and Q3: Q5: The behavior of firms is best understood Q6: To develop a useful picture of a Q7: The difference between accounting profit and economic Q8: Accounting profit is defined as Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)total revenue minus