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Which of the following is a PayPal service that allows roommates, people sharing dinner, family members, and friends to share payments via an app-all without cash?
Capital
Resources such as machinery, buildings, and equipment used in the production of goods and services.
Dormitories
Residential facilities provided by educational institutions for students to live in.
Implicit Costs
The opportunity costs that arise from using resources that could have been employed in an alternative use but were instead utilized in the current operation without direct payment.
Explicit Costs
Direct, out-of-pocket payments for goods and services used in the production of a product or provision of a service.
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