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Which of the following is not an explicit cost of production?

A. Wage of self-employed proprietor

B. Depreciation on machinery

C. Returns on owned capital

D. Cost of raw materials

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. In a perfectly competitive market, suppliers must know:
  2. The central problem of economics is:
  3. In substitution effect and income effect:
  4. Law of Substitution in production was presented by:
  5. Excess capacity is concerned with the:
  6. If production increases under constant returns to scale, the cost will:
  7. Nash equilibrium is applicable in case of:
  8. According to Marshal, the Law of Diminishing Marginal Utility:
  9. Monopolistic firm can fix:
  10. The study of economics just in theoretical way is called:
  11. An indifference curve shows the bundles of two goods among which a consumer remains:
  12. When the level of optimal factor combination is over and more labor is employed with the fixed plant,…
  13. Income distribution effects:
  14. Quantity demanded or supplied is measured in:
  15. MC = MR = AC = AR shows the long run equilibrium position of the:
  16. Implicit costs are the costs:
  17. The basic subject matter of economics is:
  18. For the given production function, technical efficiency is defined as:
  19. Given a U shaped average cost curve, the relationship between average cost and marginal cost is such…
  20. The cournot model is a model of:
  21. The demand curve in monopolistic competition (also in kinked demand curve model), which shows the share…
  22. In monopolistic competition, the individual demand curve is also known as:
  23. The Law of Diminishing Marginal Returns can be explained in terms of:
  24. Which of the following oligopoly models is concerned with the maximization of joint profits?
  25. The equilibrium of a firm is determined by the equality of MC and MR in only:
  26. Price is measured in:
  27. If regardless of changes in its price, the quantity demanded of a commodity remains unchanged, then…
  28. Supply of a commodity refers to:
  29. The isoquant approach is based upon:
  30. The critics of Sweezy model say that kink generates: