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Determines and explains whether each of the following is an explicit or implied cost: The payment of the rent for a warehouse that is rented
Determines and explains whether each of the following is an explicit or implied cost:
The payment of the rent for a warehouse that is rented by the company.
The possible rent received for the rental to another company of a company-owned building that uses it as a warehouse of its own production.
Payments made by the labor force contracted in the labor market.
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