Interest on own capital is a ____

CA Foundation · Business Economics · MTP · June 2024
Interest on own capital is a ____
(A) A. Explicit Cost
(B) B. Implicit Cost
(C) C. Future Cost
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. None of these

Topics: Theory of Production and Cost

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