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What is the difference between accounting profits and economic profits? which of the two concepts is more appropriate for explaining decisions made by entrepreneurs? explain?

What is the difference between accounting profits and economic profits? which of the two concepts is more appropriate for explaining decisions made by entrepreneurs? explain?
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What is the difference between accounting profits and economic profits? which of the two concepts is more appropriate for explaining decisions made by entrepreneurs? explain?

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User Harikrish
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economic profits. An entrepreneur is more interested in economic profits
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User Romanz
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