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The costs that are out of pocket are known as? a) Social costs b) Sunk costs c) Explicit costs d) Marginal costs Answer OA OB Oc

The costs that are out of pocket are known as? a) Social costs b) Sunk costs c) Explicit costs d) Marginal costs Answer OA OB Oc

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The cost that are out of pocket is known as?
2:13 TH 87% O 0.33 TH KB/S Subject Test Note: - You are attempting question 12 ou The costs that are out of pocket are known as? a) Social costs b) Sunk costs c) Explicit costs d) Marginal costs Answer O A O B Oc OD Submit
Transcribed Image Text:2:13 TH 87% O 0.33 TH KB/S Subject Test Note: - You are attempting question 12 ou The costs that are out of pocket are known as? a) Social costs b) Sunk costs c) Explicit costs d) Marginal costs Answer O A O B Oc OD Submit
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