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Author Question: To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not ... (Read 161 times)

DelorasTo

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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

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Answer to Question 1

C

Answer to Question 2

C




DelorasTo

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Reply 2 on: Jul 1, 2018
Wow, this really help


tkempin

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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