Questions tagged [accounting costs]

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HanbokGlamourQueen HanbokGlamourQueen Wed Jan 15 2025 | 7 answers 1379

What is the difference between accounting costs and opportunity costs?

I am trying to understand the difference between accounting costs and opportunity costs. I know they are both related to costs, but what exactly distinguishes them from each other?

What is the difference between accounting costs and opportunity costs?

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