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Implicit cost may be defined as the :a)Costs which do not change over a period of timeb)Costs which the firm incurs but doesn’t disclosec)Payment to the non-owners of the firm for the resourcesd)Money payment which the self employed resources could have earned in their best alternative employmentCorrect answer is option 'D'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Implicit cost may be defined as the :a)Costs which do not change over a period of timeb)Costs which the firm incurs but doesn’t disclosec)Payment to the non-owners of the firm for the resourcesd)Money payment which the self employed resources could have earned in their best alternative employmentCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Implicit cost may be defined as the :a)Costs which do not change over a period of timeb)Costs which the firm incurs but doesn’t disclosec)Payment to the non-owners of the firm for the resourcesd)Money payment which the self employed resources could have earned in their best alternative employmentCorrect answer is option 'D'. Can you explain this answer?.

Solutions for Implicit cost may be defined as the :a)Costs which do not change over a period of timeb)Costs which the firm incurs but doesn’t disclosec)Payment to the non-owners of the firm for the resourcesd)Money payment which the self employed resources could have earned in their best alternative employmentCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of Implicit cost may be defined as the :a)Costs which do not change over a period of timeb)Costs which the firm incurs but doesn’t disclosec)Payment to the non-owners of the firm for the resourcesd)Money payment which the self employed resources could have earned in their best alternative employmentCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Implicit cost may be defined as the :a)Costs which do not change over a period of timeb)Costs which the firm incurs but doesn’t disclosec)Payment to the non-owners of the firm for the resourcesd)Money payment which the self employed resources could have earned in their best alternative employmentCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Implicit cost may be defined as the :a)Costs which do not change over a period of timeb)Costs which the firm incurs but doesn’t disclosec)Payment to the non-owners of the firm for the resourcesd)Money payment which the self employed resources could have earned in their best alternative employmentCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Implicit cost may be defined as the :a)Costs which do not change over a period of timeb)Costs which the firm incurs but doesn’t disclosec)Payment to the non-owners of the firm for the resourcesd)Money payment which the self employed resources could have earned in their best alternative employmentCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Implicit cost may be defined as the :a)Costs which do not change over a period of timeb)Costs which the firm incurs but doesn’t disclosec)Payment to the non-owners of the firm for the resourcesd)Money payment which the self employed resources could have earned in their best alternative employmentCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Commerce tests.