Question

The lost interest from the savings she used to start her business. -- is this an implicit or explicit cost? Is this a fixed or variable cost?

Jul 10, 2011

Related Questions

Problem states: Business and finance. The cost of producing a number of items x is given by C =... Business and finance. The cost of producing a number of items x is given by C = mx + b, in which b... Compare and contrast the following concepts. a) Explicit cost and implicit cost b) Economic cost a... Number of Workers Output Total Cost Variable Cost Fixed Cost 5 100 $130 $80 $50 10 180 $2...