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drew911811 drew911811
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A year ago
If a firm uses factor inputs that are personally owned by the firm's owner, then economists refer to the opportunity cost of these inputs as

▸ sunk costs.

▸ inverted costs.

▸ accounting costs.

▸ direct production costs.

▸ implicit costs.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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astroasisastroasis
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A year ago
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drew911811 Author
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A year ago
Good timing, thanks!
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Yesterday
Thanks
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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