Which of the folowing terms shows a fim's revenues, costs, and protit over a period of time? OA The fem's accounting proft OB the fems economic prot OC. he balance sheet OD he income statement

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Cost Of Production
Section: Chapter Questions
Problem 5PA
Question
Which of the following terms shows a firm's revenues, costs, and profit over a period of time?
O A. the firm's accounting profit
OB. the firm's economic proftit
C. the balance sheet
OD. the income statement
Transcribed Image Text:Which of the following terms shows a firm's revenues, costs, and profit over a period of time? O A. the firm's accounting profit OB. the firm's economic proftit C. the balance sheet OD. the income statement
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