[Solved] Which of the Following Would Be an Implicit Cost for a Firm

Question 111

Multiple Choice

Question 111

Multiple Choice

Which of the following 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 forgone by the owner of the firm.

Correct Answer:

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