Zero economic profits but positive accounting


In the long run, which of the following outcomes is most likely for a firm?

a. Zero accounting profits but positive economic profits

b. Zero accounting profits

c. Positive accounting profits and positive economic profits

d. Zero economic profits but positive accounting profits

Request for Solution File

Ask an Expert for Answer!!
Econometrics: Zero economic profits but positive accounting
Reference No:- TGS01393014

Expected delivery within 24 Hours