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Laurent Laurent
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6 years ago
The implicit costs of starting a business do not include
A) compensation for business risk.
B) foregone salary, when an entrepreneur quits his job to start the business.
C) depreciation.
D) foregone expected returns, when an entrepreneur invests his own money in the business.
E) foregone rental income, when an entrepreneur must evict a tenant from his house to use this space for the business.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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martrekmartrek
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6 years ago
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