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  3. Study Set
    Principles of Microeconomics
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    Exam 11: Price and Output in Monopoly, Monopolistic Competition, and Perfect Competition
  5. Question
    If You Were in the Donut-Making Business, Which of the Following
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If You Were in the Donut-Making Business, Which of the Following

Question 111

Question 111

Multiple Choice

If you were in the donut-making business, which of the following would most likely not be an explicit cost?


A) salaries
B) sales taxes
C) utilities, such as gas and electricity
D) insurance
E) the time you put into running the business

Correct Answer:

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