Which of the Following Is True About Explicit Costs

question 153

Multiple Choice

Which of the following is true about explicit costs?

• A) They are the opportunity costs of production.
• B) They are out-of-pocket expenses.
• C) They are not measured in terms of dollars.
• D) They are not included when measuring economic profit.
• E) They are not included when measuring accounting profit.

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A form of exercise that aims to improve efficiency of the cardiovascular system in absorbing and transporting oxygen.

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