1. Which of the following is an example of an implicit cost of going out for lunch?...

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1. Which of the following is an example of an implicit cost of going out for lunch?

a. the amount of the tip you leave the waiter

b. the total bill you charge to your credit card

c. the cost of gas to drive to the restaurant

d. the value of the time you spent eating lunch

e. all of the above

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Krugmans Economics For AP

ISBN: 9781464122187

2nd Edition

Authors: Margaret Ray, David Anderson

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