Interest paid on a bank loan by a local ice cream producer is: ...

[Hungry!]

Interest paid on a bank loan by a local ice cream producer is:
 a. an implicit cost for the ice cream producer.
 b. considered by an accountant when calculating the cost of running the ice cream business.
  c. an explicit cost for the ice cream producer.
 d. both b. and c.

Question 2

Illegal immigrants to the U.S. usually charge higher wages than their American counterparts.
 a. True
  b. False
  Indicate whether the statement is true or false

[Yixagurpuldink]

Answer to Question 1

d

Answer to Question 2

False