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An implicit cost can be defined as the

An implicit cost can be defined as the

An implicit cost can be defined as the


[A]Payment to the non-owners of the firm for the resources they supply
[B]Money payment which the self-employed resources could have earned in their best alternative employment
[C]Costs which the firm incurs but does not disclose
[D]Costs which do not change over a period of time

Roshan kumar 09-Jan-2018

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