预定/报价

04-25

2024

Intro to Microeconomics ECON20A

Chapter 13 - Costs of Production 1. Explicit cost vs Implicit cost (1) Explicit cost: require an outlay of money (e.g., worker's salary, rent) (2) Implicit cost: don’t require an outlay of money → also affects firm decisions (opportunity cost

标签: University of California IrvineECON20AIntro to Microeconomics