All Else Constant,as the Amount of a Firm's Implicit Costs

question 53

Multiple Choice

All else constant,as the amount of a firm's implicit costs increases,the difference between economic profit and accounting profit will:

• A)increase.
• B)stay the same.
• C)decrease.
• D)cannot be determined without more information.

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A part of the mind that is inaccessible to the conscious mind but that affects behavior and emotions.

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