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Which of the Following Is an Example of an Implicit

Question 72

Multiple Choice

Which of the following is an example of an implicit cost?


A) Interest paid to a bank on a building loan.
B) Liability insurance payments made only once a year.
C) The cost of using capital an owner donates to the business.
D) Dollars paid to a supplier for materials used in production.
E) Wages paid to employees.

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