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Which of the following is not an example of private costs?
A. wages paid by a business firm
B. car repairs paid by the user of the car
C. payment of an electric bill by a household
D. a houshold dumping pesticide in the drain
Business Economics, Economics
What does it mean when Dollars are used as a unit of measurement along the vertical axis? (Indifference curve only) Can you also show me how the graph will look like?
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