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Commerce · Q1129

Economics

Graduate and Post Graduate · Commerce · question 1129

Q1129

Which would be an implicit cost for a firm? The cost

A.
Of worker wages and salaries for the firm
B.
Paid for leasing a building for the firm
C.
Paid for production supplies for the firm
D.
Of wages foregone by the owner of the firm
Answer

Answer: Option D

Solution

Answer: Option D
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