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Which of the following is an example of implicit cost?

Which of the following is an example of implicit cost?

Which of the following is an example of implicit cost?


[A]Interest payments on an outstanding loan of the firm
[B]Salaries paid to the firm's managers
[C]Salaries paid to the firm's assembly-line workers
[D]Rental income foregone on assets owned by the firm and employed in the business.

Roshan kumar 12-Jan-2018

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