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1309

Q: To the economist, total cost includes

  • 1
    neither implicit nor explicit costs.
  • 2
    implicit, but not explicit, costs.
  • 3
    explicit, but not implicit, cost.
  • 4
    explicit and implicit costs.
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Answer : 4. "explicit and implicit costs."
Explanation :

Answer: D) explicit and implicit costs. Explanation:

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