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AP Microeconomics
Unit 3 – Production, Cost, and the Perfect Competition Model
Topic 3.4
Unit 3 – Production, Cost, and the Perfect Competition Model
3.4 Types of Profit
mixed difficulty
A firm's accounting profit can never be negative because it only considers?
Marginal costs
Opportunity costs
Explicit costs.
Implicit costs
Study guides (1)
AP Microeconomics - 3.4 Types of Profit
Key terms
Accounting Profit
Guides
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