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23 June, 07:38

If a firm goes out of business because of negative economic profits, its books

A. might suggest a mistaken value of explicit costs.

B. might indicate a positive accounting profit.

C. might indicate that opportunity costs were zero.

D. might indicate that taxes are too high.

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Answers (1)
  1. 23 June, 09:06
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    The answer is B.
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