Multiple Choice
A normal rate of return on investment is equal to
A) accounting profit minus economic profit.
B) the opportunity cost of capital plus any other implicit costs.
C) accounting profit plus economic profit.
D) total revenue plus total accounting profit
Correct Answer:
Verified
Correct Answer:
Verified
Q224: The real rate of interest will approximately
Q225: Monitoring the performance of the people managing
Q226: The three basic legal forms of business
Q227: The payment for the use of a
Q228: A singer would willingly perform in a
Q230: Suppose a firm wanted to go out
Q231: The concept of economic rent can be
Q232: In comparing accounting profit with economic profit,
Q233: Under which one of the following situations
Q234: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the