Ask Question
20 December, 15:39

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.

+5
Answers (1)
  1. 20 December, 19:17
    0
    The answer is B.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If a firm goes out of business because of negative economic profits, its books A. might suggest a mistaken value of explicit costs. B. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers