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    Economics Today Study Set 1
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    Exam 21: Rents, Profits, and the Financial Environment of Business
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    An Example of an Implicit Cost Is
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An Example of an Implicit Cost Is

Question 257

Question 257

Multiple Choice

An example of an implicit cost is


A) payment of a salary to a CEO of a company.
B) a business using a building owned by the business owner.
C) a payment to a resource owner.
D) the payment of interest on a bond.

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