Implicit

Difference Between Implicit and Explicit
When talking about writing, “explicit” means something that is stated plainly, while “implicit” refers to something that is implied and not stated dir...
Difference Between Explicit Cost and Implicit Cost
The main difference between the two types of costs is that implicit costs are opportunity costs, while explicit costs are expenses paid with a company...
implicit cost examples
Examples of implicit costs include the loss of interest income on funds and the depreciation of machinery for a capital project. They may also be inta...
which of the following is an implicit cost
What is an example of an implicit cost?Which among the following is an implicit cost?Which of the following is not an implicit cost?Which would be an ...
which would be an implicit cost for a firm the cost
Which would be an implicit cost for a firm the cost *?Which of the following is an example of implicit cost?How do you find the implicit cost?Is depre...
Difference Between Implicit Cost and Explicit Cost
The main difference between the two types of costs is that implicit costs are opportunity costs, while explicit costs are expenses paid with a company...