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    Business
  3. Study Set
    Economic Principles
  4. Exam
    Exam 11: The Cost of Doing Business
  5. Question
    _____ Profit Is Total Revenue Minus Explicit Costs
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_____ Profit Is Total Revenue Minus Explicit Costs

Question 21

Question 21

Multiple Choice

_____ profit is total revenue minus explicit costs.


A) Sales
B) Implied
C) Accounting
D) Economic

Correct Answer:

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