1. In an economy, the cost for each input includes A. only the implicit cost. B....

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1. In an economy, the cost for each input includes A. only the implicit cost. B. only the explicit cost. C. both the implicit and explicit cost. D. any cost reported by the management to the share holders. 1. In an economy, the cost for each input includes A. only the implicit cost. B. only the explicit cost. C. both the implicit and explicit cost. D. any cost reported by the management to the share holders.