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What a firm m TB MC Qu . 0 5 - 1 4 0 Economic costs are greater than... Economic costs are greater than accounting

What a firm m

TB MC Qu

. 05 - 140

Economic costs are greater than...

Economic costs are greater than accounting costs

Multiple Choice

only if explicit costs are greater than implicit costs.

in the short run but not the long run.

only in the long run.

only if implicit costs are greater than zero.

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