Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: When an economist uses the term "cost" referring to a firm, the economist refers to the
Post by: Loraine on Jun 21, 2015
When an economist uses the term "cost" referring to a firm, the economist refers to the
A) price of the good to the consumer.
B) explicit cost of producing a good or service but not the implicit cost of producing a good or service.
C) implicit cost of producing a good or service but not the explicit cost of producing a good or service.
D) opportunity cost of producing a good or service, which includes both implicit and explicit cost.
E) cost that can be actually verified and measured.


Title: Re: When an economist uses the term "cost" referring to a firm, the economist refers to the
Post by: Chimelo46 on Jul 30, 2015
Content hidden


Title: Re: When an economist uses the term "cost" referring to a firm, the economist refers to the
Post by: Chimelo46 on Aug 31, 2015
Happy to assist!


Title: Re: When an economist uses the term "cost" referring to a firm, the economist refers to ...
Post by: Shailesh Rokaya on Aug 30, 2020
Thankyou