Business, 22.04.2020 02:24 Acemirisa

Economic cost can best be defined as:
A. any contractual obligation that results in a flow of money expenditures from an enterprise to resource suppliers.
B. any contractual obligation to labor or material suppliers.
C. payments that must be received by resource owners to insure the resources' continued supply.
D. all costs exclusive of payments to fixed factors of production.

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Economic cost can best be defined as:
A. any contractual obligation that results in a flow of...