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Question 7 1 Point Paul's Plumbing is a small business that employs 12 people. Which of the following is the best example of an implicit
Question 7 1 Point Paul's Plumbing is a small business that employs 12 people. Which of the following is the best example of an implicit cost incurred by this firm? A The wages paid to the 12 employees B The salary that Paul, the owner, was earning in his previous job with a plumbing company. The half of the payroll taxes on the wages of the 12 employees paid by the employers, but not the half paid by the employees D The tax payments on property owned by the firm
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