Multiple Choice
In an added perspective, we learn that Elaine Rodier gave up a job as a nursery school teacher to make appetizers. In doing this, she incurs a(n)
A) implicit cost less than her lost income
B) explicit cost at least equal to her lost income
C) opportunity cost at least equal to her lost income
D) variable cost equal to her lost income
E) marginal cost equal to her lost income
Correct Answer:

Verified
Correct Answer:
Verified
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