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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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I hope this was helpful, have a blessed day.

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