59. Lis an implicit cost ofproductionA. O Wages of the labourB. O Charges for electricityС.C. O Interest on owned money capitalD. O Payment for raw material

To find : Which is implicit cost of production.

Answered: 59. Lis is an implicit cost of…

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Economics

59. Lis is an implicit cost of production

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter22: Inflation

Section: Chapter Questions

Problem 28CTQ: Why do you mink the U.S. experience with inflation over the last 50 years has been so much milder...

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59. Lis an implicit cost of
production
A. O Wages of the labour
B. O Charges for electricity
С.
C. O Interest on owned money capital
D. O Payment for raw material

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