Money paid for the use of factors of production such as labor and capital is an:
A. Implicit opportunity cost.
B. Explicit financial cost.
C. Accounting profit.
D. Economic profit

Question

05-07-2024
Business

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Money paid for the use of factors of production such as labor and capital is an:
A. Implicit opportunity cost.
B. Explicit financial cost.
C. Accounting profit.
D. Economic profit

Sagot :

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