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Jayanthi Moves Her Yoga Studio from Her Home to a Space

Question 103

Multiple Choice

Jayanthi moves her yoga studio from her home to a space she rents in Woodstock, Ontario.Holding everything else constant, as a result of this move,


A) her explicit cost falls and her implicit cost rises.
B) her implicit cost falls and her explicit cost rises.
C) her economic cost rises.
D) her opportunity cost rises.

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