Economy, asked by bhawnasharma67, 10 months ago

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what is explicit cost?

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Answers

Answered by praak
1

Answer:

An explicit cost is a direct payment made to others in the course of running a business, such as wage, rent and materials, as opposed to implicit costs, where no actual payment is made. ... Accounting profit only takes explicit costs into account.

Answered by bishanbisht68
0

Answer:

million 10000000000000000000000000000000 hota ha

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