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Which of the following would be an example of an implicit cost?
(i) forgone investment opportunities
(ii) wages of workers
(iii) raw materials costs
Price-Earnings Ratio
A valuation ratio of a company's current share price compared to its per-share earnings.
Fixed Assets
Long-term tangible assets that are used in the operations of a business and are not expected to be converted to cash within a year.
Dutch Auction
A method of auction in which the price of the item is reduced until it meets a bid.
Shares
Portions of ownership in a corporation or financial asset.
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