Multiple Choice
Which of the following is NOT an example of implicit costs?
A) The return stockholders could have earned with another company.
B) The fees the firm could have earned from leasing its computers.
C) The revenue the firm could collect from selling its furniture.
D) The interest the owners could have earned on their personal monies invested in the firm.
E) The salary of the CEO.
Correct Answer:
Verified
Correct Answer:
Verified
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