Answer
B.
Subtracting total cost from total revenue.
Work Step by Step
Economic profits is the money left after paying all the costs. Therefore it can be calculated by subtracting the Total Costs from Total Revenues.
Economics: Principles, Problems, and Policies, 19th Edition
by McConnell, Campbell R.; Brue, Stanley L.; Flynn, Sean M.
Published by
McGraw-Hill Education
ISBN 10:
0073511447
ISBN 13:
978-0-07351-144-3
Chapter 10 - Pure Monopoly - Quick Quiz for Figure 10.4 - Page 201: 2
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