Economic profit equals
A) accounting profit plus the cost of capital.
B) accounting profit minus the cost of capital.
C) accounting profit minus interest payments.
D) accounting profit plus interest payments.
B
Economics
You might also like to view...
The incidence of the tax between buyers and sellers depends only on the elasticity of demand
Indicate whether the statement is true or false
Economics
From the standpoint of the economy as a whole, the role of insurance is not to eliminate the risks inherent in life. Then what is its purpose?
Economics