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Practice Problem of the Day, 11/15/2013

November 15th, 2013 · No Comments
Practice Problem of the Day

This video explains how to think about the difference between accounting profit and economic profit and shows how to calculate each. The problem is taken from Economics by Dean Karlan and Jonathan Morduch, and is Ch. 12 problem #8.

You can find more practice problems via the Practice Problem of the Day category archive or by visiting the Econ Classroom page. You can also be notified of new practice problems by subscribing to the YouTube channel.

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