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Business, 10.03.2020 20:01 kingalex7575

Suppose that a business incurred implicit costs of $200,000 and explicit costs of $1 million in a specific year. If the firm sold 4,000 units of its output at $300 per unit, its accounting profits were:

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Suppose that a business incurred implicit costs of $200,000 and explicit costs of $1 million in a sp...
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