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Tragamin Tragamin
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6 years ago
The interest you pay on money borrowed from the bank to buy equipment for your business is
A) depreciation.
B) an explicit cost.
C) not part of the economic profits calculation.
D) revenue.
E) an implicit cost.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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AryanAryan
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6 years ago
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