To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not explicit

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To an economist, total costs include
A) explicit, but not implicit costs.
B) implicit, but not explicit costs.
C) explicit and implicit costs.
D) neither explicit nor implicit costs.

Related Book For answer-question

Discrete Mathematics and Its Applications

ISBN: 978-0073383095

7th edition

Authors: Kenneth H. Rosen

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Posted Date: Mar 08, 2022 08:24 AM

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To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not explicit

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C explicit and implicit costs the explicit costs the outofpocket expens... View the full answer

Discrete Mathematics and Its Applications

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