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Economic cost differs from accounting cost because accountants do not consider implicit costs.

nguyenduong67

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6 years ago

Economic cost differs from accounting cost because accountants do not consider implicit costs.

Economic cost differs from accounting cost because accountants do not consider implicit costs.
A) True
B) False

Textbook

Survey of Economics: Principles, Applications and Tools

Edition: 6^th

Authors: O'Sullivan, Sheffrin, Perez

Read 58 times

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Lightman030

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Related Topics

Solved Cost accounting and cost management include calculating various costs, obtaining financial and nonfi
Solved Costs paid in money to hire a resource is
Solved Implicit costs can be defined as
Solved The explicit cost of production is also called
Solved The cost incurred is: (Multiple Choice)
Solved Which of the following are included in calculating economic costs?
Solved Economic cost is always less than accounting cost.
Solved Economic rents are typically counted as:

nguyenduong67 Author

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6 years ago

Thanks for your help!!

Jose^2

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Yesterday

Thanks

mcraver1

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2 hours ago

Brilliant ツ

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