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A. From your reading of module 4 (Farm as a production unit) notes, describe the following terms: 1. Accounting profitwhat is it? Write its formula?

A. From your reading of module 4 (Farm as a production unit) notes, describe the following terms: 1. Accounting profitwhat is it? Write its formula? (5 points) 2. Economic profitwhat is it? Write its formula? (5 points) 3. opportunity costwhat is it? (5 points)

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