menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics Study Set 8
  4. Exam
    Exam 6: Efficiency and Exchange
  5. Question
    It Is Always True That
Solved

It Is Always True That

Question 106

Question 106

Multiple Choice

It is always true that


A) accounting profit is positive.
B) economic profit is zero.
C) economic profit exceeds accounting profit.
D) economic profit is positive.
E) accounting profit exceeds economic profit.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q101: Payments to an input above the supplier's

Q102: When a firm is facing diseconomies of

Q103: Harvey quit his job at the University

Q104: If all firms in a perfectly competitive

Q105: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3714/.jpg" alt=" -Use the data

Q107: An increase in consumer demand for espresso

Q108: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3714/.jpg" alt=" -Use the data

Q109: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3714/.jpg" alt=" -Use the data

Q110: In an environment of free entry and

Q111: Explicit costs<br>A) measure the opportunity costs of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines