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10. The Costs of Production
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10. The Costs of Production
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10. The Costs of Production / Revenue, Cost, and Profit / Problem 2
Problem 2
If an entrepreneur leaves a job with a \$60,000 salary to start a business, what is the implicit cost associated with this decision?
A
\$90,000
B
\$60,000
C
\$30,000
D
\$0
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