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Home Q & A Board Other Fields Homework Help Business Economics
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whipped whipped
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7 years ago
Which of the following is true?
A) Accounting profits = Revenues - Implicit costs - Explicit costs
B) Economic profits = Revenues - Explicit costs
C) Accounting profits = Revenues - Implicit costs
D) Economic profits = Accounting profits - Implicit costs
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SudzburySudzbury
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7 years ago
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