What kind of cost is most difficult to calculate?
A. Explicit cost
B. Implicit cost
C. Market cost
D. Selling price

Question

MaximoRykei · Answer

The correct answer is letter B. Implicit costs are not directly paid with money but still involve lost opportunities, like missing work to go on vacation.

What kind of cost is most difficult to calculate? A. Explicit cost B. Implicit cost C. Market cost D. Selling price

Answer (1)

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What kind of cost is most difficult to calculate?
A. Explicit cost
B. Implicit cost
C. Market cost
D. Selling price

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