1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valentina_108 [34]
3 years ago
10

Define Implicit Cost ​

Social Studies
2 answers:
ioda3 years ago
5 0

Implicit costs are imputed costs of self-owned and self-employed resources.

Example:

  • (i) Interest on entrepreneur's own capital.

  • (ii) Rent on entrepreneur's own land used in business.
Elenna [48]3 years ago
4 0

Answer:

\:  \:

Implicit Cost is the esteemed value of the inputs supplied by the owners including normal profit .

ƒσя єχαмρℓє :

  • Rent of own land

  • Salary for the services of entrepreneur

  • Interest on own capital.
You might be interested in
In the united states and many other parts of the world, the common practice is for whites to marry whites, african americans to
AysviL [449]
This marital practice is called : Endogamy

Endogamy is a marital process in which the grooms and brides only limited from within local community or tribe.
This marital method is deemed to be out-of-date and only carried out in the past to maintain the 'bloodline' of a specific tribe or clan.
5 0
3 years ago
Accepting your coworkers for who they are is called
Zigmanuir [339]
<span>Accepting your coworkers for who they are could be called "tolerance", since it doesn't matter whether or not you believe or support them, it only matters that you respect them.</span>
6 0
3 years ago
Bribery is acceptable in certain foreign countries. Indeed, U.S. Development, Inc., has found that the only way it can ensure de
Olenka [21]

Answer: Option C -- Permitted by U.S. law if the payment is made to a minor official to speed up administrative procedures.

Explanation: In as much as United States abhors bribery but in some certain circumstances at foreign countries, US development Inc has no option than to bribe in other to ensure delivery on certain contracts in these countries, which is done only if the payment is made to a minor official to speed up administrative procedures as permitted by US law.

6 0
3 years ago
The french hoped to control the ohio river valley by building
sasho [114]
In the 1750s, Britain and France had colonies in North America. The British wanted to settle in the Ohio River Valley and to trade with the Native Americans who lived there. The French built forts to protect their trade with the Indians.
5 0
3 years ago
Which event took place during the Revolutionary Era in Texas history?​
musickatia [10]

Answer:

The major events of the Texas Revolution were the Battle of the Alamo, the Goliad Massacre, and the Battle of San Jacinto.

Explanation:

8 0
3 years ago
Other questions:
  • Folks dont like to have somebody around knowing more than they do. it aggravates ‘em. you're not gonna change any of them by tal
    15·1 answer
  • In response to its disagreement with the tariff bill of 1832, the South Carolina legislature actually voted to nullify the law w
    8·1 answer
  • Following is a list of various costs incurred in producing replacement automobile parts. With respect to the production and sale
    10·1 answer
  • Which group had an easier time adapting to American life because of similar backgrounds?
    14·1 answer
  • One advantage of a sole proprietorship over the other types of businesses is that:
    15·1 answer
  • Which is an example of public policy
    7·1 answer
  • Pls help me answer this history question!!! 20 points,Brainiest, and A thank you if the answer is correct!!
    14·1 answer
  • If an astronaut had a mass of 30 kg on the moon, what would his mass be on Earth?
    15·1 answer
  • In 2004, the citizens of the state of Texas voted to allow the sale of liquor in local grocery and convenience stores.
    7·1 answer
  • Which type of environmental problem was created in 1989 by the Exxon Valdez? erosion wildfires earthquake oil spill​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!