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Suppose a small business entrepreneur is forced to pay illegal bribes to a corrupt City Hall officials in order to get their local business licenses
Suppose a small business entrepreneur is forced to pay "illegal bribes" to a corrupt City Hall officials in order to get their local business licenses approved and pass their health & safety inspections. All of these bribes would be good examples of "implicit costs.
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Technology Business Management
Authors: Todd Tucker
1st Edition
0997612746, 978-0997612745
