What is the difference between accounting profits and economic profits? which of the two concepts is more appropriate for explaining decisions made by entrepreneurs? explain?

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asked Jul 15, 2018 124k views

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What is the difference between accounting profits and economic profits? which of the two concepts is more appropriate for explaining decisions made by entrepreneurs? explain?

Business
high-school

Harikrish asked

by Harikrish

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economic profits. An entrepreneur is more interested in economic profits

Romanz answered Jul 21, 2018

by Romanz

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