A small coffee house has the following costs:  building and pizza oven rentals 100,000  labor 120,000 owners salary given up 85,000 value of entrepreneurial talent 30,000 raw material 100,000 Bank loan payment 15,000 interest given up by owner 5,000 revenue for the firm is expected to be 420,000 for the year.  a. List by name and amount the firms fixed explicit costs  b. List by name and amount the forms variable explicit costs c. List by name and amount the forms implicit cost

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