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Accounting profits a. are economic profits. b. are similar to pure economic rents. c. equal the difference between total revenues and explicit costs d. equal
Accounting profits a. are economic profits. b. are similar to pure economic rents. c. equal the difference between total revenues and explicit costs d. equal the difference between total revenues and implicit costs
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
