1. Which of the following is an example of an implicit cost?

[Senior Officer (Financial Analyst) 2020 [MCQ] : 2020]

1. Dividends paid out to stockholders

1

2. Payments made to workers who are unproductive

2

3. The uncompensated services of the spouse of a firm‘s owner

3

4. All of the above are implicit costs

4
Answer
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