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… Show more The wages that a business person could be earn

Paper help Economics … Show more The wages that a business person could be earn

Economics

… Show more The wages that a business person could be earn

… Show more The wages that a business person could be earning elsewhere are part of his/her implicit costs. If a firm is making negative economic profit it must mean it is making negative accounting profit. If you run a business, part of your expenses or explicit costs are lost wages. • Show less

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