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Wllich of the following statements is correct? Assummg that implicit costs are positive: accounting profit is greater than economic profit Assummg that explicit costs are
Wllich of the following statements is correct? Assummg that implicit costs are positive: accounting profit is greater than economic profit Assummg that explicit costs are positive: accounting profit is equal to economic profit. Assummg that explicit costs are positive: economic profit is greater than accountmg profit. Assummg that implicit costs are positive: econonuc profit is positive
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