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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11
Textbook Solutions7035
Concept Notes120
Syllabus

Explicit costs are termed as - Economics

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Question

Explicit costs are termed as

Options

  • out of pocket expenses

  • real cost

  • social cost

  • sunk cost

MCQ
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Solution

Out of pocket expenses

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Q 5
Chapter 4: Cost and Revenue Analysis - Model Questions - Part A [Page 95]

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Samacheer Kalvi Economics [English] Class 11 TN Board
Chapter 4 Cost and Revenue Analysis
Model Questions - Part A | Q 5 | Page 95
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