The costs economists use in the concept of economic profit are:
A.accounting costs.
B.strictly dollar costs, not opportunity costs.
C.opportunity costs, or the value of the best opportunity forgone.
D.accounting costs and opportunity costs (i.e., the value of the best opportunity forgone).

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The Answer of The costs economists use in the concept of economic profit are:
A.accounting costs.
B.strictly dollar costs, not opportunity costs.
C.opportunity costs, or the value of the best opportunity forgone.
D.accounting costs and opportunity costs (i.e., the value of the best opportunity forgone).

The Costs Economists Use in the Concept of Economic Profit