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TB MC Qu . 0 5 - 1 4 2 Which of the following definitions... Which of the following definitions is correct? Multiple Choice Economic

TB MC Qu.05-142 Which of the following definitions...
Which of the following definitions is correct?
Multiple Choice
Economic Costs + Explicit Costs = Implicit Costs
Economic Profit = Accounting Profit - Implicit Costs
Economic Profit - Implicit Costs = Accounting Profits
Economic Costs + Accounting Costs = Profit
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