Costs that are included in the economic concept of cost but that are not explicit costs are:
A.outlay costs.
B.accounting profits.
C.implicit costs.
D.economic profits.

Question

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The Answer of Costs that are included in the economic concept of cost but that are not explicit costs are:
A.outlay costs.
B.accounting profits.
C.implicit costs.
D.economic profits.

Costs That Are Included in the Economic Concept of Cost