Which would be an implicit cost for a firm? The cost: Question 21Answer a. paid for production supplies for the firm. b. paid for leasing a building for the firm. c. of worker wages and salaries for the firm. d. of wages foregone by the owner of the firm.
Which would be an implicit cost for a firm? The cost: Question 21Answer a. paid for production supplies for the firm. b. paid for leasing a building for the firm. c. of worker wages and salaries for the firm. d. of wages foregone by the owner of the firm.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 6SQP
Related questions
Question
Which would be an implicit cost for a firm? The cost:
Question 21Answer
a.
paid for production supplies for the firm.
b.
paid for leasing a building for the firm.
c.
of worker wages and salaries for the firm.
d.
of wages foregone by the owner of the firm.
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