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An individual undertakes retail business in …

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An individual undertakes retail business in the premises taken on rent. The business is financed by his own savings. He also manages his business himself. What are the explicit and implicti cost in it directly identifiable. Give reasons. It's a 6 marker questions.

Posted by Pragya Bisht 2 years, 4 months ago

CBSE > Class 12 > Economics

2 answers

Vipul Sonkar 3 years, 1 month ago

I don't know ???

7Thank You

Hero Time 6 years, 2 months ago

Explicit is rent................implicit is the worth goods purchased

12Thank You

ANSWER

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CBSE > Class 12 > Economics