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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #729222
Introduction to Economics 1 Deneme Sınavı Sorusu #729222
Total Revenue – (Accounting Cost + Opportunity Cost) For the formulation above, which of the followings should be the equality?
|
Total cost |
|
Total profit |
|
Economic profit |
|
Implicit cost |
|
Explicit cost |
Yanıt Açıklaması:
Economic Profit = Total Revenue – Total Economic Cost = Total Revenue – (Accounting Cost + Opportunity Cost) The correct answer is C.
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