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Which of the Following Would Be Categorized as an Implicit

Question 121

Multiple Choice

Which of the following would be categorized as an implicit cost?
A.not being able to spend your $10,000 savings if you sink the money in your business
B.the cost of purchasing supplies for your house-cleaning business
C.the cost of purchasing auto insurance for your dry-cleaning delivery business


A) a only
B) a and c only
C) b and c only
D) all of the above

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