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April 25, 2015

Homework Help: Microeconomics

Posted by Susan on Tuesday, May 26, 2009 at 9:01pm.

Which of the following is most likely to be true of economic and accounting profits?
a. economic profits are less than accounting profits.
b. accounting profits are less than economic profits.
c.economic profits plus accounting profits equal zero.
d. accounting profits minus economic profits equal zero.

I think it is (A) am i right?

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