Maju Malaysia is a company that provided the catering service to UTHM students. Which of the following is an implicit cost of Maju Malaysia?A.Rental of shop in Taman Universiti, Parit Raja RM1500B.Petrol cost for sending the food RM50C.Salary of owner before (as lecturer), RM5,000D.Salary of worker, Puan Fatimah, RM1000 In the market for smartphones, which of the following events increases the supply of smartphones?А.New technology lowers the cost of making a smartphoneВ.An increase in people's incomesС.Rise in the price of an e-book reader (a substitute in production)D.A rise in the wage rate paid to electronics workers

To run a business, there are numerous costs that the owner has to pay. These costs are explicit…

Maju Malaysia is a company that provided the catering service to UTHM students. Which of the following is an implicit cost of Maju Malaysia? A. Rental of shop in Taman Universiti, Parit Raja RM1500 В. Petrol cost for sending the food RM50 C. Salary of owner before (as lecturer), RM5,000 D. Salary of worker Puuan Fatimah RM1000

Maju Malaysia is a company that provided the catering service to UTHM students. Which of the following is an implicit cost of Maju Malaysia? A. Rental of shop in Taman Universiti, Parit Raja RM1500 В. Petrol cost for sending the food RM50 C. Salary of owner before (as lecturer), RM5,000 D. Salary of worker Puuan Fatimah RM1000

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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