Zoe, the owner of a beauty salon, hires a new hair stylist. The wages paid to the new stylist are
A) neither a private cost nor an external cost.
B) a private cost and not an external cost.
C) both a private cost and an external cost.
D) an external cost and not a private cost.
E) only a private benefit because people want their hair styled.
Correct Answer:
Verified
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