[Answered] To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not ...

This topic contains a solution. Click here to go to the answer

Author Question: To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not ... (Read 107 times)

DelorasTo

Hero Member
Posts: 548

on: Jul 1, 2018

To an economist, total costs include

A) explicit, but not implicit costs.
B) implicit, but not explicit costs.
C) explicit and implicit costs.
D) neither explicit nor implicit costs.

Question 2

If you invest 500 today, and the value one year from today is 1000, then the annual interest rate must be

A) 10.
B) 50.
C) 100.
D) 200.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

kishoreddi

Sr. Member
Posts: 329

Reply #1 on: Jul 1, 2018

Answer to Question 1

C

Answer to Question 2

C

DelorasTo

Member
Posts: 548

Reply 2 on: Jul 1, 2018

Wow, this really help

kishoreddi

Member
Posts: 329

Reply 3 on: Yesterday

Great answer, keep it coming

« previous next »

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Organisms exhibit a diversity of behaviours, which include (clockwise from upper left), foraging and

Total hip prosthesis.

Tuition Costs

Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...

A company that makes cell phones has the following cost structure. They have fixed costs of ...

The total weight of Peter, David and Henry is 123 kg, Peter is 15 kg heavier than David. David ...

Author Question: To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not ... (Read 107 times)

DelorasTo

To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not ...

Related Topics

Need homework help now?

kishoreddi

To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not ...

DelorasTo

kishoreddi