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juju007

  • one year ago

Bob gives up his factory job in order to open a bait-and-tackle shop. The earnings from his factory job represent: A) the hourly wage paid by the shop B) the marginal cost of running the shop C) the average cost of running the shop D) a fixed cost that can vary in the long run E) an implicit cost of opening the shop

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  1. fmrbi
    • 8 months ago
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    D) A fixed cost that can vary in the long run.

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