Which is NOT an explicit cost?
A) lease payments
B) insurance
C) office supplies
D) salary that a business owner could have earned at an alternate job
Correct Answer:
Verified
Q37: Which is NOT considered an explicit cost?
A)
Q38: A normal rate of return on capital
A)
Q39: Money that a firm spends on health
Q40: The cost incurred by a firm through
Q41: All of these are examples of implicit
Q43: Atomic Café has just opened a new,
Q44: Costs that cannot be recovered are _
Q45: Which of these events occur in the
Q46: Money spent by a politician for a
Q47: Charlotte lives in a house but also
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