Normal profit is a term for:
a. explicit profit.
b. the minimum profit to keep a firm in operation.
c. the accounting profit forgone.
d. pure economic profit.
b
Economics
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A game in which the players neither negotiate nor coordinate in any way is a
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An immediate depreciation allowance is referred to as ________ and it ________ the tax shield.
A) expensing the investment; increases B) straight-line depreciation; decreases C) straight-line depreciation; increases D) expensing the investment; decreases
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