Register
A explain why earning zero economic profit is not as bad as it sounds.
14.0k views
3 votes
A explain why earning zero economic profit is not as bad as it sounds.

User Emile Vrijdags
by
8.2k points

1 Answer

6 votes
Zero economic profit is higher than accounting profit.It includes opportunity cost,such as your own wage,rent,interest etc.
User Dan Mindru
by
7.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Link Copied!