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Don Carlos thought he was making a profit because his cash register took in more than he paid suppliers. But Laura showed him implicit costs — the salary he could earn working for a larger company, the rent he could get by leasing his factory space, and the interest his capital would earn in a bank. Once those were subtracted, his economic profit was actually negative . He was working for less than he could elsewhere, slowly consuming his own capital. Economia Y Contabilidad Angrisani Lopez Pdf
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