Which of the following is an explicit cost? O the depreciation of a computer O the cost of hiring a manager the cost of the owner's resources the owner's forgone opportunity of running the business

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
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Which of the following is an explicit cost?
the depreciation of a computer
the cost of hiring a manager
the cost of the owner's resources
the owner's forgone opportunity of running the business
Transcribed Image Text:Which of the following is an explicit cost? the depreciation of a computer the cost of hiring a manager the cost of the owner's resources the owner's forgone opportunity of running the business
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