Question
One difference between implicit cost and explicit is that: a) implicit costs are included in accounting profits, whereas explicit costs are not b) implicit costs
One difference between implicit cost and explicit is that:
a) implicit costs are included in accounting profits, whereas explicit costs are not
b) implicit costs are included in economic profits, whereas explicit costs are not
c) explicit costs are included in accounting profits, whereas implicit costs are not
d) explicit costs are included in economic profits, whereas implicit costs are not
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Capital In The Twenty-First Century
Authors: Thomas Piketty, Arthur Goldhammer
1st Edition
067443000X, 9780674430006
