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Which of the following would be categorized as an implicit cost? a. not being able to spend your $10,000 savings if you sink the money

Which of the following would be categorized as an implicit cost?

a. not being able to spend your $10,000 savings if you sink the money in your business

b. the cost of purchasing supplies for your house-cleaning business

c. the cost of purchasing auto insurance for your dry-cleaning delivery business

a onlya and c onlyb and c onlyall of the above

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