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Business, 14.03.2020 05:26 aprilreneeclaroxob0c

Which of the following statements is correct? a. Opportunity costs equal explicit minus implicit costs. b. Economists consider opportunity costs to be included in a firm’s total revenues. c. Economists consider opportunity costs to be included in a firm’s costs of production. d. All of the above are correct.

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Which of the following statements is correct? a. Opportunity costs equal explicit minus implicit cos...
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