Munif wants to expand his business and plans to use the 5 acre property he owns and rents to a local cattle rancher for $5000/year. He'll use that land and then build a warehouse and office building for $2 million. What are Munif's explicit costs?
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Home » Business » Munif wants to expand his business and plans to use the 5 acre property he owns and rents to a local cattle rancher for $5000/year. He'll use that land and then build a warehouse and office building for $2 million. What are Munif's explicit costs?