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An explicit cost is defined as

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9 years ago

An explicit cost is defined as

An explicit cost is defined as
A) a cost that does not change as output changes.
B) a nonmonetary opportunity cost.
C) a cost that involves spending money.
D) a nonmonetary accounting cost.

Textbook

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

Read 171 times

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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face

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9 years ago

My pleasure Happy Dummy

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