[Answered] To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not ...

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Author Question: To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not ... (Read 225 times)

DelorasTo

Hero Member
Posts: 548

on: Jul 1, 2018

To an economist, total costs include

A) explicit, but not implicit costs.
B) implicit, but not explicit costs.
C) explicit and implicit costs.
D) neither explicit nor implicit costs.

Question 2

If you invest 500 today, and the value one year from today is 1000, then the annual interest rate must be

A) 10.
B) 50.
C) 100.
D) 200.

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kishoreddi

Sr. Member
Posts: 329

Reply #1 on: Jul 1, 2018

Answer to Question 1

C

Answer to Question 2

C

DelorasTo

Member
Posts: 548

Reply 2 on: Jul 1, 2018

Gracias!

atrochim

Member
Posts: 331

Reply 3 on: Yesterday

Great answer, keep it coming

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Author Question: To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not ... (Read 225 times)

DelorasTo

To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not ...

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Need homework help now?

kishoreddi

To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not ...

DelorasTo

atrochim