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Jane annually earns 1% on her saving account and pays 5% when she borrows. If she borrows $10,000 to start a business and also puts

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Jane annually earns 1% on her saving account and pays 5% when she borrows. If she borrows $10,000 to start a business and also puts in $10,000 of her own saving, which of the following is true for one year? Jane's implicit cost is $600 Jane's explicit cost is $600 O Jane's implicit cost is $100 O Jane's explicit cost is $100 SUBMIT

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