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A manager invests $400,000 in a technology that should reduce the overall costs of production. The company managed to reduce their cost per unit from

A manager invests $400,000 in a technology that should reduce the overall costs of production. The company managed to reduce their cost per unit from $2 to $1.85. This affects

a. Economic profits
b. Accounting profits
c. Both a and b
d. None of the above

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