An Implicit Cost Is

question 116

Multiple Choice

An implicit cost is

• A)any cost a firm cannot avoid in the short run
• B)any expenditure a firm makes
• C)an opportunity cost
• D)accurately measured in accounting statements
• E)ignored by economists

---

Definitions:

Evidence

Information or facts presented in support of an assertion, claim, or case.

Neologisms

Newly coined words or expressions or existing words used with a new meaning, often seen in creative language use or mental health disorders.

Positive Symptom

Symptoms in psychiatric disorders that add to normal behavior or experiences, such as hallucinations or delusions.

Voices

Refers to auditory perceptions or sounds that a person hears without external stimuli, often associated with certain mental health conditions.