Answer the correct option. To the economist, total cost includes: explicit and implicit costs, including a normal profit. neither implicit nor…

Answer the correct option. To the economist, total cost includes:

A. explicit and implicit costs, including a normal profit.B. neither implicit nor explicit costs.

C. implicit, but not explicit, costs.

D. explicit, but not implicit, costs.

Looking for a Similar Assignment? Our Experts can help. Use the coupon code SAVE30 to get your first order at 30% off!