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Using economists' framework, explicit payments to the factors of production plus the opportunity cost of the factors provided by the owners of the firm is
Using economists' framework, explicit payments to the factors of production plus the opportunity cost of the factors provided by the owners of the firm is _____. Multiple choice question. total cost implicit cost contractual cost explicit cost
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
