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

Question 99

Question 99

Multiple Choice

_____ profit is total revenue minus implicit and explicit costs.


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

Correct Answer:

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