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John's Accountant Tells Him That He Made a Profit of $43,002

Question 11

Multiple Choice

John's accountant tells him that he made a profit of $43,002 running a pottery studio in Orlando.John's wife,an economist,claims John lost $43,002 running his pottery studio.This means his wife is claiming that he incurred _____ in _____ costs.


A) $86,004;implicit
B) $43,002;implicit
C) $43,002;explicit
D) $86,004;explicit

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