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Business, 05.08.2019 23:20, NeonPlaySword
Implicit costs are: a. regarded as costs by accountants, but not economists. b. payments that a firm makes to other firms or individuals who supply resources to it. c. opportunity costs such as the value of leisure time, or the highest and best use of the business's assets. d. costs that vary proportionally with output.
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Implicit costs are: a. regarded as costs by accountants, but not economists. b. payments that a fir...
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