Which of the following statements is true?
A. Economic profit is always positive.
B. Economic profit is greater than or equal to accounting profit.
C. Accounting profit is greater than or equal to economic profit.
D. Accounting profit is always positive.
Answer: C
Economics
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Indicate whether the statement is true or false
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A capital gain occurs when the
A) coupon rate increases. B) current yield increases. C) price of an asset increases. D) yield to maturity increases.
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