11 - Buyers can also have implicit costs: Price of object...

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Econ 1 17:06 Profit- Price-Seller cost Cost for sellers: Seller’s cost-the least I will accept Cost is the price paid to acquire, produce, accomplish, or maintain Costs can be explicit
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Unformatted text preview: Buyers can also have implicit costs: Price of object or service is explicit cost Tehehehehehhehee LOLZ LMFAO come at me bro!!!!!!! chill 17:06 17:06...
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This note was uploaded on 08/26/2011 for the course EARTH 20 taught by Professor Staff during the Spring '11 term at UCSB.

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11 - Buyers can also have implicit costs: Price of object...

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