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Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
Implicit costs are the [...] of resources supplied to the firm by its owners.
Answer
opportunity costs

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
Implicit costs are the [...] of resources supplied to the firm by its owners.
Answer
?

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
Implicit costs are the [...] of resources supplied to the firm by its owners.
Answer
opportunity costs
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Implicit costs are the opportunity costs of resources supplied to the firm by its owners.

Original toplevel document (pdf)

owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p61

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