Economic profit is Options: A . &nbspPart of total cost B . &nbspTotal revenue minus total cost C . &nbspTotal revenue minus explicit cost D . &nbspTotal variable cost minus total fixed cost

Economic profit is

Question

Economic profit is

Options:

A . Part of total cost

B . Total revenue minus total cost

C . Total revenue minus explicit cost

D . Total variable cost minus total fixed cost

Answer: Option B

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