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Business, 14.11.2019 04:31 jaylynC

What is the primary difference between accounting profits and economic profits?
o economic profits focus on money; accounting profits focus on all types of capital.
o accounting profits ignore implicit costs; economic profits consider them.
o accounting profits only occur when money is made; economic profits can occur when money is lost.
o economic profits require the exchange of money; accounting profits do not.

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What is the primary difference between accounting profits and economic profits?
o economic p...
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