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Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: Economic costs of production differ from accounting costs in that
Post by: Tidy on Jun 21, 2015
Economic costs of production differ from accounting costs in that
A) economic costs include expenditures for hired resources while accounting costs do not.
B) economic costs add the opportunity costs of a firm using its own resources while accounting costs do not.
C) accounting costs include expenditures for hired resources while economic costs do not.
D) accounting costs are always larger than economic cost.


Title: Re: Economic costs of production differ from accounting costs in that
Post by: Smoooth on Jul 28, 2015
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Title: Re: Economic costs of production differ from accounting costs in that
Post by: Smoooth on Aug 31, 2015
You're welcome :-]