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QUESTION
A. Economic profits are less than accounting profits. Which of the following is most likely to be true of economic and accounting profits?
A. Economic profits are less than accounting profits. Which of the following is most likely to be true of economic and accounting profits? A. Economic profits are less than accounting profits. B. Accounting profits are less than economic profits. C. Economic profits plus accounting profits equal zero. D. Accounting profits minus economic profits equal zero.
