Business, 10.04.2020 18:19 ccelestineiyanoup3y8

Which of the following statements is true?
a. Accounting profit gives a true measure of the opportunity cost of the current business venture.
b. Economic profit equals the opportunity cost.
c. Normal profit equals sales revenue minus implicit costs.
d. Accounting profit equals sales revenue minus explicit costs.

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Which of the following statements is true?
a. Accounting profit gives a true measure of the o...

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