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1.According to your readings, it will always make economic sense for you to start a business if your business can make economic profit. How does
1.According to your readings, it will always make economic sense for you to start a business if your business can make economic profit. How does economic profit differ from accounting profit? Have you ever considered starting a business? If you were to start your own business someday, describe the revenues and costs you would consider (make sure you are describing economic profit in your analysis).
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