Economists Include Both Explicit and Implicit Costs While Accountants Include

question 182

True/False

Economists include both explicit and implicit costs while accountants include only implicit costs.
​

---

Definitions:

Sales Career

A professional occupation in the field of sales, where individuals focus on selling products and services, developing client relationships, and achieving sales targets.

Respect, Trust, Friendship

Essential elements in building strong personal and professional relationships, involving admiration, reliability, and a bond of companionship.

Cultivating Network

The process of actively engaging and expanding one's social and professional contacts for mutual benefit.

Reputable People

Individuals known for their credibility, reliability, and good standing in their community or professional field.