Question

A firm produces 200 units of Good X. Actual money spent on producing this good is

2000. The owner supplied some inputs worth 800 for which he does not receive any
payment. Economic cost calculated to produce this commodity is 3000. Identify implicit
and explicit cost.​

Answer 1

Explanation:

shhd f. esjsuudye

owugaysi

ehtsuteuu6riuigfydnydjyro7ryke