Examlex
Which of the following is an incorrect classification match (according to the text) ?
Accounting Profit
The net income a company generates calculated by subtracting total explicit costs from total revenues, according to generally accepted accounting principles (GAAP).
Output to Supply
The process of producing and providing goods or services to meet demand.
Firms
Business organizations engaged in professional, commercial, or industrial activities, aiming to generate profits.
Average Product
The average amount produced by each unit of a variable factor of production.
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