Advertisements
Advertisements
प्रश्न
The costs of self–owned resources are termed as ________ cost.
विकल्प
real
explicit
money
implicit
उत्तर
The costs of self–owned resources are termed as implicit cost.
APPEARS IN
संबंधित प्रश्न
Cost functions are also known as ______ function.
Explicit cost plus implicit cost denote _______ cost.
The cost that remains constant at all levels of output is _____ cost.
The cost that varies with the level of output is termed as _______ cost.
Wage is an example for ________ cost of the production.
When price remains constant, AR will be ________ MR.
Define cost.
Define cost function.
What do you mean by fixed cost?
Give the definition for ‘Real Cost’.
What is meant by Sunk cost?
Distinguish between fixed cost and variable cost.
State the differences between money cost and real cost.
Distinguish between explicit cost and implicit cost.
Define opportunity cost and provide an example.