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    Exam 22: The Competitive Firm
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    Assuming an Entrepreneur Does Not Pay Herself,the $1,000 She Could
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Assuming an Entrepreneur Does Not Pay Herself,the $1,000 She Could

Question 85

Question 85

Multiple Choice

Assuming an entrepreneur does not pay herself,the $1,000 she could earn as an employee elsewhere is considered


A) An implicit cost.
B) An explicit cost.
C) A fixed cost.
D) A variable cost.

Correct Answer:

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