In central Florida, the demand for real estate has been increasing rapidly for years. Therefore, the cost of capital is in central Florida's orange groves. a) implicit;decreasingb) explicit;increasingc) implicit;increasingd) explicit;decreasing

c) implicit;  increasing

Explanation:

Implicit cost may be defined as the cost that has already been occurred in the past but is not necessarily being shown or being reported as some separate expense. It is known by different names like the implied cost, imputed cost, etc. Implicit is something that is not said or mentioned clearly but is implied or suggested.

In the context, the demand for the real estate has increased rapidly in the recent years. Thus we can conclude that the implicit cost of the capital of people has increased in the orange groves of Central Florid.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

107x106 is the answer