答案如下
The major difference between accounting profit and economic profit is that:
A) accounting profit is based on opportunity costs, whereas economic profit is based on market transactions.
B) accounting profit generally underestimates the level of economic profit because it includes interest expense.
C) accounting profit does not consider the opportunity cost of the firm's equity capital and therefore, it generally overstates economic profit.
D) explicit and implicit costs are included in accounting profit, but only explicit costs are included in economic profit.
Your answer: C was correct!
Economic profit includes the same explicit costs as accounting profit, but also allows for implicit costs such as the opportunity cost of a firm抯 equity and owner-provided resources. | 
发表于 2006-3-29 17:14
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