Examine and contrast the concepts of profit that you consider to be relevant to: (a) an economist; (b) a speculator; (c) a business executive; (d) the managing director of a company; (e) a shareholder in a private company; (f) a shareholder in a large public company.

Answer rating: 100% (QA)

a Economist consider explicit cost and implicit cost when profit of a firm is been calculated The ec... View the full answer