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    Economics for Today Study Set 6
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    Exam 7: Production Costs
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    Monetary Payments to Nonowners of a Firm Are Called
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Monetary Payments to Nonowners of a Firm Are Called

Question 52

Question 52

Multiple Choice

Monetary payments to nonowners of a firm are called:


A) implicit costs.
B) accounting costs.
C) explicit costs.
D) economic costs.

Correct Answer:

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