Would a business owner want to stay in business if the economic profit is negative? Explain why

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Would a business owner want to stay in business if the economic profit is negative? Explain why or why not.

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Economics An Introduction To Traditional And Progressive Views

ISBN: 9780765616685

7th Edition

Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers

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Question Posted: Nov 08, 2023 09:00 PM

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Would a business owner want to stay in business if the economic profit is negative? Explain why

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In general a business owner would not want to stay in business if the economic profit is negative Economic profit is a measure of a companys profitabi...View the full answer

Economics An Introduction To Traditional And Progressive Views

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