Join ExamsbookAnswer : 4. "explicit and implicit costs."
To the economist, total cost includes5
Q: To the economist, total cost includes
- 1neither implicit nor explicit costs.false
- 2implicit, but not explicit, costs.false
- 3explicit, but not implicit, cost.false
- 4explicit and implicit costs.true
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Answer : 4. "explicit and implicit costs."
Explanation :
Answer: D) explicit and implicit costs. Explanation: