A farmer invests his own saving in doing farmings but hires labour to do work. Identify Implicit Cost.

A farmer invests his own saving in doing farmings but hires labour to do work. Identify Implicit Cost.

Monjur Alahi

8 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

Imputed interest of own saving is Implicit Cost.

8 views Answered 2023-02-05 15:29

Related Questions

Manish invests Rs.3,818, which is 20% of his monthly income, in insurance policies. What is his monthly income?

1 Answers 6 Views

Manish invests Rs.3,960, which is 30% of his monthly income, in insurance policies. What is his monthly income?

1 Answers 6 Views

What do the short run marginal cost, average variable cost and short run average cost curves look like?

1 Answers 5 Views

A simple machine helps a person in doing: (a) less work (b) the same amount of work with lesser force

1 Answers 4 Views

When the total fixed cost of producing 100 units is Rs.30 and the average variable cost Rs.3, total cost is : (Choose the correct alternative)

1 Answers 9 Views

A producer starts the business in the building owned by him and borrows money for running it. Identify Implicit Cost.

1 Answers 5 Views

What is the relation between Marginal Cost and Average Variable Cost when Marginal Cost is rising and Average Variable Cost is falling?

1 Answers 5 Views

An individual is both the owner and the manager of shop taken on rent. Identify implicit cost and explicit cost from this information.

1 Answers 8 Views

A producer invests his own savings in starting a business and employs a manager to look after it.

1 Answers 7 Views

Cost of a dozen pens is Rs.180 and cost of 8 ball pens is Rs.56. Find the ratio of the cost of a pen to the cost of a ball pen.

1 Answers 5 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)