Which of the following best represents an accounting profit revenue implicit costs revenue explicit costs implicit explicit costs revenue normal profits normal profits (explicit costs implicit costs) ...

Answer B revenue explicit costs An accounting profi ...

Which of the following best represents an accounting profit? revenue - implicit costs revenue - explicit costs

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Which of the following best represents an accounting profit?

	revenue - implicit costs
	revenue - explicit costs
	implicit - explicit costs
	revenue - normal profits
	normal profits - (explicit costs - implicit costs)

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Cost Management Measuring Monitoring and Motivating Performance

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Which of the following best represents an accounting profit? revenue - implicit costs revenue - explicit costs

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Expert Answer:

Answer B revenue explicit costs An accounting profi... View the full answer

Cost Management Measuring Monitoring and Motivating Performance

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