The George Zimmerman Case Took Place in Which State

question 45

Multiple Choice

The George Zimmerman case took place in which state?

• A) California
• B) Idaho
• C) Florida
• D) Alabama

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Definitions:

Capital

A resource, such as equipment or buildings, used to produce goods and services.

Implicit Costs

The opportunity costs that are not directly paid for or visibly incurred in financial transactions but represent real costs to economic actors.

Economic Costs

Economic costs include both the explicit costs of production, such as raw materials and wages, and implicit costs, such as opportunity costs.

Explicit Costs

Direct, out-of-pocket payments for resources employed in the production of goods or services.