Economy, asked by danya712, 10 months ago

What is explicit and implicit cost

Answers

Answered by Harrypotter723
4

Answer:

Explanation: explict means cash payment which a firm makes to others for the purchase of inputs.

Impicit cost are imputed cost of self owned

Answered by Anonymous
0

Answer:

Explanation:

BTS BTS BTS BTS BTS BTS BTS BTS BTS BTS BTS BTS

Similar questions