Solved

You Own a Small Deli That Sells Sandwiches, Salads, and Soup

Question 46

Multiple Choice

You own a small deli that sells sandwiches, salads, and soup. Which of the following is an implicit cost of the business?


A) wages paid to part-time employees
B) the job offer you did not accept at a local catering service
C) bread, meat, and vegetables used to produce the items on your menu
D) your monthly utility bill

Correct Answer:

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