small mom and pop firms like inner city grocery stores sometimes exist even though they do not e

Name: small mom and pop firms like inner city grocery stores sometimes exist even though they do not earn economic profits how can you explain this
Uploaded: 2022-04-10T22:47:32-08:00
Duration: 46 s
Channel: Jennifer Stoner
Description: small mom and pop firms like inner city grocery stores sometimes exist even though they do not earn economic profits how can you explain this

Question

Hamzah Choudary · Accepted Answer

1. Economic profit is the difference between total revenue and total economic cost, which includ

Question

Small Mom and Pop firms, like inner city grocery stores, sometimes exist even though they do not earn economic profits. How can you explain this?

Please give Ace some feedback