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MMLU-Pro / 7436 / Which of the following statements is correct?

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Which of the following statements is correct?

category

economics

options

  1. Economic Profits = Explicit Costs plus Implicit Costs.
  2. Opportunity Costs = Economic Profits.
  3. Accounting Profits = Explicit Costs minus Implicit Costs.
  4. Economic Costs = Explicit Costs plus Implicit Costs.
  5. Economic Costs = Explicit Costs minus Implicit Costs.
  6. Economic Profits = Accounting Profits.
  7. Implicit Costs = Economic Profits minus Opportunity Costs.
  8. Economic Costs = Accounting Profits minus Opportunity Costs.
  9. Opportunity Costs = Explicit Costs minus Implicit Costs.
  10. Economic Profits = Opportunity Costs plus Implicit Costs.

src

ori_mmlu-high_school_microeconomics

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Source and history

Official source

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