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Give three examples of implicit costs in a household enterprise. - Economics

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प्रश्न

Give three examples of implicit costs in a household enterprise.

अति संक्षिप्त उत्तर
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उत्तर

Three examples of implicit costs in a household enterprise are:

  • Use of self-owned land for business.
  • Use of own savings as capital.
  • Owner managing the business without salary.
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अध्याय 8: Cost and Revenue Analysis - TEST YOURSELF QUESTIONS [पृष्ठ १६०]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 8 Cost and Revenue Analysis
TEST YOURSELF QUESTIONS | Q 6. (i) | पृष्ठ १६०
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