Economic profit is

A) equal to the firm's total revenue minus its opportunity costs.
B) an opportunity cost of operating the firm.
C) equal to the firm's total revenue minus its normal profit.
D) the average return for supplying entrepreneurial ability.

A

Economics

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Real GDP refers to GDP adjusted:

A) for changes in ruling political party. B) for changes in tax rates. C) for changes in net imports. D) for changes in prices.

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Which currency is most commonly traded?

What will be an ideal response?

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