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Which of the following statements is true?

Tidy

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8 years ago

Which of the following statements is true?

Which of the following statements is true?
A) Opportunity cost = explicit cost - implicit cost.
B) Total cost = fixed cost + implicit cost.
C) Total cost = fixed cost + variable cost.
D) Variable cost = wages + salaries + benefits.

Textbook

Essentials of Economics

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

Read 237 times

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Smoooth

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Smoooth

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#2

8 years ago

No problemo Happy Dummy

Happy Dummy

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