bn:01763729n
Noun Concept
Categories: Costs, Time-based economics
EN
implicit cost  implicit costs  Implied cost  Imputed cost  Imputed costs
EN
In economics, an implicit cost, also called an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a firm must give up in order to use a factor of production for which it already owns and thus does not pay rent. Wikipedia
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EN
In economics, an implicit cost, also called an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a firm must give up in order to use a factor of production for which it already owns and thus does not pay rent. Wikipedia
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