The costs associated with the use of resources are called:Multiple choice question.implicit costs.economic costs.explicit costs.accounting costs.
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Solution 1
The costs associated with the use of resources are called economic costs. This term encompasses both explicit costs, which are direct, out-of-pocket expenses, and implicit costs, which represent the opportunity cost of using resources in one way rather than in their next best alternative use. Accoun Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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The costs associated with the use of resources are called:Multiple choice question.implicit costs.economic costs.explicit costs.accounting costs.
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