Social Studies, 23.07.2019 11:00 rebekahlm

Economists claim that a farmer who owns her land, provides all her own labor, and calculates her profits from the farm by subtracting explicit costs from total revenues will multiple choice understate her accounting profits. overstate her accounting profits. overstate her economic profits. understate her economic profits.

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Economists claim that a farmer who owns her land, provides all her own labor, and calculates her pro...