Multiple Choice
Accounting profit is equal to
A) total revenue minus economic cost.
B) total revenue minus accounting cost.
C) total revenue minus explicit costs.
D) total revenue minus implicit costs.
Correct Answer:
Verified
Related Questions
Accounting profit is equal to
A) total revenue minus economic cost.
B) total revenue minus accounting cost.
C) total revenue minus explicit costs.
D) total revenue minus implicit costs.
Correct Answer:
Verified
