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Total cost of production of commodity x is $125000,out of other Implicit cost is $35000&net profit is $25000,what will be the explicit cost of commodity? A .650000 B.90000?
Most Upvoted Answer
Total cost of production of commodity x is $125000,out of other Implic...
The explicit cost of production of commodity x is $125000, and the implicit cost is $35000. Therefore, the total cost of production of commodity x is:

Total cost = Explicit cost + Implicit cost
Total cost = $125000 + $35000
Total cost = $160000

Therefore, the total cost of production of commodity x is $160000.
Community Answer
Total cost of production of commodity x is $125000,out of other Implic...
Total cost = explicit cost + (implicit cost + normal profit)
125000=explicit cost + (35000+25000)
125000= explicit cost+60000
explicit cost=65000
correct answer:-A.
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Total cost of production of commodity x is $125000,out of other Implicit cost is $35000&net profit is $25000,what will be the explicit cost of commodity? A .650000 B.90000?
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Total cost of production of commodity x is $125000,out of other Implicit cost is $35000&net profit is $25000,what will be the explicit cost of commodity? A .650000 B.90000? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Total cost of production of commodity x is $125000,out of other Implicit cost is $35000&net profit is $25000,what will be the explicit cost of commodity? A .650000 B.90000? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Total cost of production of commodity x is $125000,out of other Implicit cost is $35000&net profit is $25000,what will be the explicit cost of commodity? A .650000 B.90000?.
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