Examen
WGU D089 Module 5- Solved 100%
- Grado
- Institución
Give an example of an implicit cost and an explicit cost and explain. - ANSWER-Explicit Costs: these are payments made to cover the firm's expenses and are sometimes called out-of-pocket payments, Bills, salaries for employees, rent for its office Implicit costs are resources already owned by the ...
[Mostrar más]