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Implicit and explicit cost The choices listed below involve costs to the firm. For which is the implicit cost potentially different than its explicit cost?

Implicit and explicit cost

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The choices listed below involve costs to the firm. For which is the implicit cost potentially different than its explicit cost? Select one: Q a. the purchase of raw materials used in production 0 b. the use of rented land 0 c. the interest paid on borrowed money 0 d. the use of firm-owned assets 0 e. the services of hired workers

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