HIP HOP Screen Shot 2017-08-29 at 9.37.26 AM

Published on August 26th, 2017 | by PEM

0

Implicit Cost

A cost that is represented by lost opportunity in the use of a company’s own resources, excluding cash. The implicit cost for a firm can be thought of as the opportunity cost related to undertaking a certain project or decision, such as the loss of interest income on funds, or depreciation of machinery used for a capital project.
Source: New feed

Tags:


About the Author



Leave a Reply

Your email address will not be published. Required fields are marked *

* Copy This Password *

* Type Or Paste Password Here *

Back to Top ↑