If accounting profit is $400,000 greater than economic profit, what do implicit costs equal?

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Economics

ISBN: 978-1133561675

11th edition

Authors: Roger A. Arnold

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Question Posted: Sep 28, 2018 05:45 AM

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If accounting profit is $400,000 greater than economic profit, what do implicit costs equal?

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Implicit cost 400000 Accounting profits Total revenue Explicit cost Economic profits Total reven...View the full answer

Economics

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