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Title: Which of the following is an example of an implicit cost?
Post by: sgy_89 on May 25, 2017
Which of the following is an example of an implicit cost?
A) the wages paid to production workers
B) rent paid for the use of a building
C) the income forgone when working for yourself
D) the cost of raw materials used in the manufacturing process


Title: Re: Which of the following is an example of an implicit cost?
Post by: folioge on May 25, 2017
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