Which of the Following Are Implicit Costs for a Typical

question 249

Multiple Choice

Which of the following are implicit costs for a typical firm?

• A) opportunity costs of capital owned and used by the firm
• B) the cost of labour hired by the firm
• C) utilities cost
• D) a business licensing fee

---

Definitions:

Dividends

Payments made by a corporation to its shareholder members, derived from the company's profits.

Excess Solvency

refers to the situation where a company holds significantly more assets or financial reserves than the minimum required by regulators to cover its liabilities and potential claims.

Proxy

A form of authorization given by a shareholder or other party allowing another person to vote or act on their behalf, often used in corporate settings.

Corporate Matters

Issues or affairs related to the governance, management, and regulatory compliance of corporations.