An Explicit Cost Is Defined as

question 297

Multiple Choice

An explicit cost is defined as

• A)a cost that does not change as output changes.
• B)a nonmonetary opportunity cost.
• C)a cost that involves spending money.
• D)a nonmonetary accounting cost.

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Definitions:

Demonstrate Authority

Showing expertise or command over a particular subject area or topic, often to persuade or inform others.

Legal And Ethical

Pertains to matters that conform to the laws and are in alignment with moral principles.

Reader's Reaction

The response or feelings of a reader towards the content or style of a text, which can vary widely based on personal interpretations and experiences.

Supporting Details

Supporting Details are information and facts provided to back up, illustrate, or elaborate on a main idea or argument in a text.