Solved

An Example of an Explicit Cost Is

Question 126

Multiple Choice

An example of an explicit cost is


A) a payment on a loan for a computer.
B) the savings interest lost by investing $10,000 in capital instead of saving the money.
C) forgone wages.
D) the opportunity cost of a $50,000 investment into a building.
E) the amount of money one could receive for renting a company truck to another business.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions