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Title: Interest is considered a(n) Post by: Loraine on Jun 21, 2015 Interest is considered a(n)
A) explicit cost when the firm pays a bank to borrow money. B) implicit cost when the firm owner uses his or her own funds to buy capital. C) return to entrepreneurship if the firm owner uses her own funds to buy capital. D) form of depreciation if the cost of borrowing increases. E) Both answers A and B are true. Title: Re: Interest is considered a(n) Post by: Chimelo46 on Jul 30, 2015 Content hidden
Title: Re: Interest is considered a(n) Post by: Chimelo46 on Aug 31, 2015 The textbook reference in your signature really helped me narrow it down.
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