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What is explicit cost

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What is explicit cost

    • Posted by Himani ?? 7 years, 4 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Pramod Pandey 7 years, 4 months ago

    It can be define as cost which make for outside by firm for hiring factor input and non factor inputs. Like raw material. Worker wages.etc.

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