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    Exam 7: Efficiency, Exchange, and the Invisible Hand in Action
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    Accounting Profit Minus Implicit Costs Equals
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Accounting Profit Minus Implicit Costs Equals

Question 153

Question 153

Multiple Choice

Accounting profit minus implicit costs equals:


A) total revenues.
B) economic profit.
C) explicit costs.
D) fixed costs.

Correct Answer:

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