Business, 01.12.2020 16:50 agilitygirl1

Economic profit is:. a. always larger than accounting profit.
b. equal to the difference between accounting profit and implicit costs.
c. the sum of accounting profit and implicit costs.
d. equal to the difference between total revenue and implicit costs.

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Economic profit is:. a. always larger than accounting profit. b. equal to the difference between accounting profit and implicit costs. c. the sum of accounting profit and implicit costs. d. equal to the difference between total revenue and implicit costs.

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Economic profit is:. a. always larger than accounting profit.
b. equal to the difference between accounting profit and implicit costs.
c. the sum of accounting profit and implicit costs.
d. equal to the difference between total revenue and implicit costs.