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There are implicit costs that aren't included when calculating accounting profit. See also https://en.wikipedia.org/wiki/Profit_(economics) https://en.wikipedia
by josephcsible 3y ago
There are implicit costs that aren't included when calculating accounting profit. See also https://en.wikipedia.org/wiki/Profit_(economics) https://en.wikipedia.org/wiki/Profit_(economics) and https://en.wikipedia.org/wiki/Implicit_cost https://en.wikipedia.org/wiki/Implicit_cost