Which of the following is not an explicit cost for the owner of a local pizza parlor?
A) flour
B) cleaning products
C) other uses for the land that the parlor sits on
D) pizza ovens
E) food preparers
Correct Answer:
Verified
Q29: In the long-run,the firm can only expand
Q31: Accounting profits are calculated based upon:
A) explicit
Q32: There are two types of costs associated
Q33: An example of an implicit cost of
Q33: Assume Brad worked as a contractor for
Q34: Cassie produces and sells 400 jars of
Q37: Economists normally assume that the goal of
Q40: An example of an explicit cost of
Q48: An important and often ignored opportunity cost
Q157: What do foregone interest on money invested
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents