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    Economics Principles and Policy Study Set 2
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    Exam 8: Output, Price, and Profit: the Importance of Marginal Analysis
  5. Question
    Distinguish Between the Economist's Definition of Profit and the Accountant's
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Distinguish Between the Economist's Definition of Profit and the Accountant's

Question 158

Question 158

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Distinguish between the economist's definition of profit and the accountant's definition.Which is superior for decision making?

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Accounting profit is revenue minus actua...

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