An explicit cost is A) a cost specifically related to ...

[bclement10]

An explicit cost is
 
  A) a cost specifically related to government rules and regulations.
  B) a cost unique to corporations.
  C) a nonmonetary opportunity cost.
  D) a cost that involves spending money.

Question 2

________ behavioral assumption about humans was that people usually act in a rational, self-interested way.
 
  A) Adam Smith's B) Janet Yellen's C) Karl Marx's D) Thomas Malthus's

[Toya9913]

Answer to Question 1

D

Answer to Question 2

A