Joseph S.

# What is economic profit and accounting profit with the information given?

Price=$20, Quantity=400units, Unit cost=$15, implicit cost=\$4,000

## 2 Answers By Expert Tutors

By:

Tutor
4.8 (8)

Tutor
New to Wyzant

Patient and effective tutor for your most difficult subject.

## Still looking for help? Get the right answer, fast.

Get a free answer to a quick problem.
Most questions answered within 4 hours.

#### OR

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.