Business, 30.05.2020 03:02, shookie1993

Economic cost of production differ from accounting costs in that A. accounting cost includes expenditures for hired resources while economic cost does not. B. economic cost includes expenditures for hired resources while accounting cost does not. C. accounting costs are always larger than economic cost. D. economic cost adds the opportunity cost of a firm using its own resources while accounting cost does not.

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Economic cost of production differ from accounting costs in that A. accounting cost includes expendi...