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Implicit and explicit costs of this venture

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For this assignment, consider an event at work that you company is considering doing, such as a new product, adding more employees, etc. their opportunity cost of going to school is. Include all implicit and explicit costs of this venture. In addition, analyze the value of this project and how the costs will be short run and the long run.

If more teachers are hired in a school what are the cost opportunity, implicit and explicit costs? What is the value of this project and how the costs will be short run and the long run.

Reference no: EM132319629

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