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Author Question: Which of the following is an explicit cost in Jim's business venture? (Read 54 times)

big1devin

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on: May 24, 2019
Which of the following is an explicit cost in Jim's business venture?
◦ the salary Jim could have earned at another job
◦ the interest Jim does not earn because he invested his savings in his business
◦ the wages Jim pays his workers
◦ Jim's normal profit
◦ Answers the salary Jim could have earned at another job, the interest Jim does not earn because he invested his savings in his business, and Jim's normal profit are correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by big1devin on May 24, 2019

chjcharjto14

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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big1devin

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Reply 2 on: May 24, 2019
Wow, this really help

Dominic

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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