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A firm posts accounting profit of $20 billion dollars. based on this we may be able to infer that: 0 The firm is earning zero
A firm posts accounting profit of $20 billion dollars. based on this we may be able to infer that: 0 The firm is earning zero economic profit. 0 The firm is also earning positive economic profit. 0 Impossible to tell what the economic profit will be without knowing the opportunity costs. 0 The firm is likely earning negative economic profit due to opportunity costs
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