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Tom just left his $3,200 a month job to open his own tax preparation business. He purchased tools for $2,000 and pays a rent of
Tom just left his $3,200 a month job to open his own tax preparation business. He purchased tools for $2,000 and pays a rent of $400 a month for his business. The implicit cost is _________ and the explicit cost is __________. 400 ; 5600 2400 ; 3200 3600 ; 2000 3200 ; 2000 3200 ; 2400
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