implicit costs can be defined as a) accounting profit minus explicit cost. b) the non-monetary opportunity cost of using the firm's own resources. c) the deferred cost of production. d) total cost minus fixed costs.

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07-12-2022
Business

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implicit costs can be defined as a) accounting profit minus explicit cost. b) the non-monetary opportunity cost of using the firm's own resources. c) the deferred cost of production. d) total cost minus fixed costs.

Sagot :

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implicit costs can be defined as a) accounting profit minus explicit cost. b) the non-monetary opportunity cost of using the firm's own resources. c) the deferred cost of production. d) total cost minus fixed costs.

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