Question

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.
A) Rs. 32 crores B) Rs. 52 crores C) Rs. 18 crores D) Rs. 38 crores

Answer 1

Answer:

38crores

Explanation:

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