Multiple Choice
Suppose a professor gives up her teaching job to devote her time to writing textbooks.Soon after,salaries for professors rise.As a result,_____
A) her accounting profit will rise.
B) her accounting profit will fall.
C) her explicit costs will rise.
D) her economic profit from textbooks will fall.
E) her economic profit from textbooks will rise.
Correct Answer:
Verified
Correct Answer:
Verified
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