If a firm's economic profits are equal to zero,its accounting profits are MOST likely:

A) less than zero.
B) positive.
C) less than fixed costs.
D) equal to zero.

Economic Profits

The financial gains that are realized when total revenues exceed total costs, including both explicit and implicit costs.

Accounting Profits

The net earnings of a company as calculated by subtracting all explicit costs from total revenues, according to standard accounting practices.

Fixed Costs

Costs that do not vary with the level of output or production, such as rent or salaries.