Answer:
The correct answer is letter "C": accountants consider explicit costs only.
Explanation:
Explicit costs are those necessary for the operations of the company such as wages, rent or raw materials. Implicit costs are the opportunity costs companies as a result of giving up factors such as purchases or qualified employee hires.
<em>The </em>accounting profit<em> of a company is calculated by subtracting the explicit costs from the firm's total revenue. The </em>economic profit<em> is computed by subtracting the result of adding the explicit and implicit costs from the company's total revenue.</em>
Well you can ask yourself which of these answers have to do with having a flexible mind. I would say having a flexible mind
helps you become a team player
because in order to work with other people you must have a flexible mind.
Consumer protection is the movement to protect the valid interests of consumers and is a major force in small business today
