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Advanced Placement (AP)
Malik Santos
24 October, 17:39
Implicit cost refers to
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Alvin Reilly
24 October, 18:22
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Implicit cost is a term in economics that refers to the costs of an enterprise that do not require direct expenditure but, instead, result from a loss in potential revenue.
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Addison Hunter
24 October, 20:54
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Input costs that do not require an outlay of money by the firm
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