Formula to calculate the economic profit

Reference no: EM13197694

Compute the economic profit of the firm if Sales-10000,material cost-3000,labour cost-2000,Administration cost-1000,own capital invested is 20000 and opportunity cost of capital 10%.

Reference no: EM13197694

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Formula to calculate the economic profit : Compute the economic profit of the firm if Sales-10000,material cost-3000,labour cost-2000, Administration cost-1000.

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