Monetary cost is the cost associated with borrowing money from open market that is called interest on debt as well.
Example:
If company take loan from bank of 1000 on 10% then 10% of 10000, 1000 is the monetary cost or cost of debt
Rational
Non-monetary cost is the amount of time and resources required outside of actual money. An example would be the man hours required to build a bridge.
To make it different from trade-off
A monetary board is a group of people that are in charge of the money supply of currency. They are in charge of imposing parameters for money printing, interest rates, cost, etc.
$1.27 billion
Rational
Monatary is when the activity cost money to do and non monatary is something organic and not cost money.
Monetary factors are the aspects of an issue that have to do with money. E.g. "While it might prove useful to purchase a helicopter, the monetary factors, such as the cost of purchasing, fueling and maintaining it, together for the cost of a heliport, make it impractical."
Non-monetary cost is the amount of time and resources required outside of actual money. An example would be the man hours required to build a bridge.
It was very costly.
Between $80.00 and $300.00
There are both monetary and non-monetary considerations that must be taken into account.
about $500,000 at least thats what i heard
About 3 billion U.S. dollars.
$51.1 billion
To make it different from trade-off
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