Of the following, which one constitutes an implicit cost to a firm?

Related MCQs

• A man sells two houses for Rs. 24000 each. He maks 20% of the cost price on the first, but on the second he has a loss of 30% of the cost price. How much did he gain or loss by this transaction?
• In the long run equilibrium of a competitive firm, which one of the following will not hold true?
• Which of the following does not constitute the direct cost of a project?
• Which of the following is indirect cost?
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• For manufacturing firm
• In the short run, the competitive firm can maximise its profits (or minimise its losses) by
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