What is the difference between zero accounting profit and zero economic profit?

What is the difference between zero accounting profit and zero economic profit? A. Zero profit includes a firms costs but zero accounting profit does not B Zero profit and zero accounting profit for a firm are equal C. Zero includes a firms fixed costs but zero economic profit does not. D. Zero includes a firms sunk costs but zero economic profit does not. E. Zero economic profit corresponds to negative accounting profit for a firm. what’s the distinction between zero bookkeeping revenue and zero financial revenue? A. Zero revenue includes a company’s prices but zero bookkeeping revenue will not B Zero revenue and zero bookkeeping revenue for a company tend to be equal C. Zero includes a company’s fixed prices but zero financial revenue will not. D. Zero includes a company’s sunk prices but zero financial revenue will not. E. Zero financial revenue corresponds to bad bookkeeping revenue for a company.

Solution
Accounting profit=total income -explicit price
and
financial profit=total revenue-explicit cost-implicit price
or
financial profit=accounting profit-implicit price
in which implicit price is forgone price of the very best option
Alternative A

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