Which of the following is NOT an explicit cost?
A) taxes
B) rent
C) wages
D) opportunity cost of using an owner's savings
Correct Answer:
Verified
Q159: If your business earns $20,000 in revenues,
Q160: To find economic profit from accounting profit,
Q161: Juanita has just started a business and
Q162: Which of the following is NOT an
Q163: A legal organization of a firm where
Q165: Proprietorships are
A) the most common form of
Q166: If the entrepreneur is also the manager
Q167: Which of the following is NOT a
Q168: Unlimited liability exists when
A) the profits of
Q169: Which of the following is NOT an
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