Accounting Profits $=$

T R - F C

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T R - T V C

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T R - E x p l i c i t C o s t s

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T R - I m p l i c i t C o s t s

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Solution

The correct option is C $T R - E x p l i c i t C o s t s$
Accounting Profits= TR-Explicit costs. Accounting profit is measured by subtracting explicit cost from the total revenue. Explicit cost refers to the opportunity cost of purchasing inputs from the market.

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T R - T V C =

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