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    Economic Principles
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    Exam 11: The Cost of Doing Business
  5. Question
    Economists Include _____ in Calculating Economic Profit
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Economists Include _____ in Calculating Economic Profit

Question 101

Question 101

Multiple Choice

Economists include _____ in calculating economic profit.


A) only implicit costs
B) only explicit costs
C) both implicit and explicit costs
D) neither implicit nor explicit costs

Correct Answer:

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