Cost B1 + rental value of owned land and rent paid by leased in land

Cost B1 + rental value of owned land and rent paid by leased in land
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Implicit cost refers to ……………… (a) Value of inputs owned by the firm and used in its own manufacturing process (b) Value of input or services purchased from outside and used in its own manufacturing process ; (c) Value of inputs owned by the firm and sold to others ; (d) Value of inputs or services for which no payments were made to outside

Description : Implicit cost refers to (a) Value of inputs owned by the firm and used in its own manufacturing process (b) Value of input or services purchased from outside and used in its own manufacturing ... and sold to others ; (d) Value of inputs or services for which no payments were made to outside 

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In what part of the country was wealth based on the amount of land and number of slaves you owned?

Description : In what part of the country was wealth based on the amount of land and number of slaves you owned?

Last Answer : Need answer