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Test: AP Microeconomics
1. | Explicit costs involved in owning and operating a construction company are |
Equal to earnings.
Equal to accounting expenses.
Equal to economic profit.
Equal to earnings that could have been made had resources been used elsewhere.
Equal to accounting profits.
Catherine
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Siena College, Bachelor in Arts, American Studies. SUNY at Albany, Master of Arts, History.
Gordon
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Arizona State University, Bachelor of Science, Biological and Physical Sciences.
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