Distinguish between explicit and implicit costs and give an example of each.Why would accounting profit be greater then or equal to economic profit?

Name: Distinguish between explicit and implicit costs and give an example of each.Why would accounting profit be greater then or equal to economic profit?
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The Answer of Distinguish between explicit and implicit costs and give an example of each.Why would accounting profit be greater then or equal to economic profit?

Distinguish Between Explicit and Implicit Costs and Give an Example