Which of the following is an example of an implicit cost
Which of the following is an example of an implicit cost for a firm?
a) The value of time worked by the owner
b) Any wages and salaries paid to employed.
c) Rent on property not owned by firm.
d) Both b and c
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which of the following is an example of an implicit cost for a firma the value of time worked by the ownerb any wages
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