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The management of a company has finally agreed to increase the wages of the laborers by 10

The management of a company has finally agreed to increase the wages of the laborers by 10% after hard negotiations with labor union. Which of the following would not be affected by this decision?


[A]Economic costs
[B]Accounting profits
[C]Direct costs
[D]Implicit costs

Jan 10 2018 View more View Less

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