Question

implicit cost is also known as ?​

Answer 1

Answer:

implicit cost are also called values imputed , implied or notional

Answer 2

Answer:

Implicit costs are also referred to as imputed, implied, or notional costs. ... These costs represent a loss of potential income, but not of profits. Implicit costs are a type of opportunity cost, which is the benefit that a company misses out on by choosing one option or alternative versus another.