Business, 05.07.2019 20:10, tubbs45

Economic cost can best be defined as: (a) any contractual obligation that results in a flow of money expenditures from an enterprise to resource suppliers. (b) any contractual obligation to labor or material suppliers. (c) a payment that must be made to obtain and retain the services of a resource. (d) all costs exclusive of payments to fixed factors of production.

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Economic cost can best be defined as: (a) any contractual obligation that results in a flow of mone...