The Main Factor That Explains the Difference Between Accounting Cost

question 12

Multiple Choice

The main factor that explains the difference between accounting cost and economic cost is

• A)opportunity cost.
• B)fixed cost.
• C)variable cost.
• D)All of the above help to explain the difference.

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Definitions:

Dimethyl Ether

A colorless gas used as an aerosol propellant and a refrigerant, composed of two methyl groups bonded to a central oxygen atom.

Oxygen

A chemical element with symbol O and atomic number 8, essential for aerobic respiration in living organisms.

Lewis Structure

A diagram that represents the bonding of atoms within a molecule using dots for electrons and lines for bonds.

Acetonitrile

A colorless, volatile liquid used as a solvent in organic synthesis and in the pharmaceutical industry.