Question: Which examples involve only implicit opportunity costs (not explicit costs)? Check all that apply: A firm using cash to buy Treasury bills A real estate
Which examples involve only implicit opportunity costs (not explicit costs)?
Check all that apply:
A firm using cash to buy Treasury bills
A real estate company using a rental apartment as its own office
A company using a spare machine for a new project
A firm withholding licensing rights from others to gain a competitive adv
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