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Businesses That Fail to Account for Implicit Costs,like the Strawberry

Question 38

Multiple Choice

Businesses that fail to account for implicit costs,like the strawberry farmer,Hiroshi Fujishige,who failed to consider the enormous opportunity of selling his property to Disneyland,will


A) Go out of business immediately.
B) Make higher-than-normal profits.
C) Make more money when they shut down.
D) Have to increase revenues in order to stay in business.

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