Which of the Following Statements Is Correct

question 99

Multiple Choice

Which of the following statements is correct?

• A)Opportunity costs equal explicit minus implicit costs.
• B)Economists consider opportunity costs to be included in a firm's total revenues.
• C)Economists consider opportunity costs to be included in a firm's costs of production.
• D)All of the above are correct.

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Definitions:

Rights Offerings

A corporate approach to raising capital by giving existing shareholders the opportunity to buy additional shares directly from the company at a predetermined price, usually at a discount.

Industrialized Nations

Countries with developed economies characterized by significant levels of industrial output and infrastructure.