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Business, 13.07.2021 16:30 aaburto1515

Which of the following statements is true? Group of answer choices An explicit cost is an actual cost; an implicit cost is a theoretical cost. An explicit cost is more important, dollar for dollar, than an implicit cost. Explicit costs are accounting costs, not economic costs; implicit costs are economic costs, not accounting costs. Economic costs include both explicit costs and implicit costs.

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Which of the following statements is true? Group of answer choices An explicit cost is an actual cos...
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