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Business, 06.08.2019 06:10 20jacksone

Pete owns a shoe-shine business. which of the following costs would be implicit costs? i. shoe polishii. rent on the shoe standiii. wages pete could earn delivering newspapersiv. interest that pete's money was earning before he spent his savings to set up the shoeshine businessa. (i) and (ii) onlyb. (iv) onlyc. (iii) and (iv) onlyd. (i), (ii), (iii), and (iv)

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Pete owns a shoe-shine business. which of the following costs would be implicit costs? i. shoe polis...

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