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sgy_89 sgy_89
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6 years ago
The difference between explicit and implicit costs is that
A) implicit costs involve a monetary payment while explicit costs do not.
B) implicit costs are obvious while explicit costs are not.
C) explicit costs involve a monetary payment while implicit costs do not.
D) implicit costs are imaginary while explicit costs are not.
E) explicit costs are imaginary while implicit costs are not.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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6 years ago
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sgy_89 Author
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6 years ago
Good timing, thanks!
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Yesterday
This site is awesome
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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