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Which of the following is an implicit cost to production?

a. a manager's salary

b. payments to Dell for computers

c. salary foregone by the owner of a firm by operating his or her own company

d. interest foregone on a loan an owner makes to his or her own company

e. medical insurance payments a company makes for its employees

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Kristelle Balando
Kristelle BalandoLv10
5 Nov 2020

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