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Which of the following is an example of an implicit cost?

stars_and_moon

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8 years ago

Which of the following is an example of an implicit cost?

Which of the following is an example of an implicit cost?
A) the value of the entrepreneur's time
B) the cost of raw materials used in production
C) the wages paid to employees
D) all of the above

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kingby

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stars_and_moon Author

wrote...

#2

8 years ago

Perfectly answered Smiling Face with Open Mouth

Smiling Face with Open Mouth

Cheers

kingby

wrote...

#3

8 years ago

I instantly knew the answer when I read the question, happy to help

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