Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
Loraine Loraine
wrote...
Posts: 4563
8 years ago
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.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 433 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
Replies
Answer verified by a subject expert
Chimelo46Chimelo46
wrote...
Top Poster
Posts: 5641
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wrote...
8 years ago
The textbook reference in your signature really helped me narrow it down.

Happy to help Wink Face
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  949 People Browsing
Related Images
  
 302
  
 310
  
 164
Your Opinion
How often do you eat-out per week?
Votes: 79