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The Difference Between Zero Accounting Profit and Zero Economic Profit

Question 171

Multiple Choice

The difference between zero accounting profit and zero economic profit is that


A) economists include opportunity cost in zero economic profit, while accountants do not include opportunity cost in zero accounting profit.
B) economists do not include opportunity cost in zero economic profit, while accountants do include opportunity cost in zero accounting profit.
C) economists include opportunity cost in zero accounting profit, while accountants do not include opportunity cost in zero economic profit.
D) economists do not include opportunity cost in zero accounting profit, while accountants do include opportunity cost in zero economic profit.

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