Ask your own question, for FREE!
Finance 16 Online
justus:

please help thank you

justus:

1.d 2.e 3.c

justjm:

1. Correct 2. Correct 3. Economic profit = TR - (implicit costs + explicit costs) =160,000 - (124,000 + 52,000) = -16,000

justus:

Thank you!!!!!!!!!!!!!!!!!!!!! <3 <3 <3 <3

justjm:

most welcome!!!!!!!!!! <3 <3 <3

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!