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Amiraneli [1.4K]
3 years ago
6

What are implicit​ costs? an implicit cost is

Business
1 answer:
Yuki888 [10]3 years ago
3 0
The correct option is "c".
An implicit cost is <span>a nonmonetary opportunity cost.

</span>Implicit costs refer to any cost that has already occurred however isn't really appeared or detailed as a different cost. It represents an opportunity cost that emerges when an organization dispenses inward assets toward a venture with no explicit compensation for the usage of assets.
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Robert owns a large tract of land. After an adequate study of all the relevant facts, he legally divides the land into 30 lots s
Bezzdna [24]

Robert is( A) a developer.

<h3>What is a Developer of a Building?</h3>

Developers develop and builders build. That is, a developer takes raw land, obtains the necessary permits, creates building lots, and puts in the sewers, the water and electric lines, the streets and curbs. Then the builder comes in and erects the house. A builder also can be a developer.

Some developers specialize in converting raw land to finished lots, suitable for builders to buy and begin construction of off-site as well as on-site improvements. Often the land developer will also install the principal off-site improvements and infrastructure (roads and utilities).

Therefore, we can say that the correct option is ( A) a developer.

Learn more about Land  Developer on:

brainly.com/question/959279

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8 0
2 years ago
What account below is not an asset?
KiRa [710]

Answer:

A. Capital Stock

Explanation:

Accounts are categorized following the accounting equation of assets are equal to equity plus liabilities. Asset accounts track and record the resources that a business owns or controls. Assets being the valuable items that a business uses to generate income or maintain operations.

Equity represents the owner's interest in the business. It comprises capital contributions and retained earnings. Capital stocks belong to equity accounts and not asset accounts.

8 0
3 years ago
Definition of net worth ?
Luda [366]

Answer:

Net worth is the measure of the wealth of an entity, person, or corporation, as well as sectors and countries. Simply, net worth is defined as the difference between assets and liabilities. It is an important metric to gauge a company's health and it provides a snapshot of the firm's current financial position.

8 0
4 years ago
Read 2 more answers
When using an rss feed within hootsuite, you can limit the amount of content being automatically pushed out to your followers by
Solnce55 [7]

Limiting the <u>frequency </u>that the RSS feed updates (once per day, once per week, etc) and by limiting the <u>number of posts</u> each time Hootsuite checks for content.

5 0
4 years ago
Billy is interested in lowering the speed limit on a major road near his house. A citizens’ group has formed to lobby the city c
Nezavi [6.7K]

Answer:

The correct answer is a. behaving like a free rider

Explanation:

The free-rider problem is an economic problem that arises when an individual (stowaway) tries to receive a benefit from using a good or service but avoids paying for it. It is also known by its name in English, problem of the free rider.

The government tries to address the problems of stowaways through fiscal rules and regulations, especially to prevent the impact on the environment and excessive use of resources. Therefore, stowaways are also known as parasitic consumers, because on many occasions they consume goods and services financed by others, of which they paid nothing.

Examples of the free-rider problem

When there are public goods, such as parks, armed forces, public lighting or police, stowaways take advantage of the fact that it is not possible to exclude them from consumption and refuse to pay for them. This creates a problem of provision since although many consumers value the services they provide, there will be those who use them but do not contribute to their financing.

7 0
3 years ago
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