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    Exam 9: Decision Making by Individuals and Firms
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    The Implicit Cost of Capital Is
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The Implicit Cost of Capital Is

Question 113

Question 113

Multiple Choice

The implicit cost of capital is:


A) the explicit cost of capital that the firm might have used but didn't need to.
B) depreciation.
C) the opportunity cost of the capital used by a business.
D) the cost of human capital.

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