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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #723880
Introduction to Economics 1 Deneme Sınavı Sorusu #723880
Which of the followings refers to the costs that a firm incurs when it gives up the next best alternative action or project?
|
Total cost |
|
Opportunity cost |
|
Explicit costs |
|
Implicit costs |
|
Marginal cost |
Yanıt Açıklaması:
Implicit Costs: Costs a firm incurs when it gives up the next best alternative action or project. Therefore, the correct option is D.
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