Which of the Following Is an Example of an "Implicit

question 82

Multiple Choice

Which of the following is an example of an "implicit cost"?

• A)Interest that could have been earned on retained earnings used by the firm to finance expansion.
• B)The payment of rent by the firm for the building in which it is housed.
• C)The interest payment made by the firm for funds borrowed from a bank.
• D)The payment of wages by the firm.

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