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Answer the Following Question. Mention Any Two Examples of the Implicit Costs Incurred by a Firm. - Economics

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प्रश्न

Answer the following question.
Mention any two examples of the implicit costs incurred by a firm.

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उत्तर

The examples of the implicit cost incurred by a firm are given as follows:

  1. The imputed value of the services of the owner of the firm
  2. Imputed rent of the owner-occupied building.
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2018-2019 (March) 58/4/2
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