which of the following constitutes an implicit cost to the asarta manufacturing company? a) payments of wages to its office workers b) rent paid for the use of equipment owned by the butters machinery company c) foregone interest income from using savings to pay for operating expenses d) payments using economic profits resulting from current production

The price of the movement that is skipped is the implicit cost. As an illustration, a manager might decide that they would like to spend 8 hours training their staff. The implicit cost is the cost of their time, which they may use to do their various daily tasks.

Express refers to something that is exceedingly clear and devoid of ambiguity or vagueness. Implicit frequently has the opposite capability; it refers to anything that is understood but is no longer immediately or clearly articulated, and it frequently makes use of implication or assumption. A function that is offered is a quality that is implicitly described rather than being provided by a particular system, as the solution to a few equations or a system of equations. It is occasionally possible to solve equations that define features implicitly in order to provide the feature explicitly.

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