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  3. Study Set
    Economic Principles
  4. Exam
    Exam 11: The Cost of Doing Business
  5. Question
    In Determining a Firm's Costs, Accountants Include _____ Costs, and Economists
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In Determining a Firm's Costs, Accountants Include _____ Costs, and Economists

Question 1

Question 1

Multiple Choice

In determining a firm's costs, accountants include _____ costs, and economists include _____ costs.


A) implicit; no implicit
B) implicit; no explicit
C) implicit and explicit; no implicit
D) explicit; implicit and explicit

Correct Answer:

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