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explicit environment cost include the direct cost of modifying technology and processes, costs of clean up, disposal costs, fines by govt. agencies etc.
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The costs of a firm that are paid directly in money are called?
Explicit costs!
Cash expenditures a firm makes to pay for resources are called?
Explicit costs
The sum of the explicit and implicit costs incurred in the production process is called?
Fixed
What are the Costs and risks of the database approach?
The costs and risks are of DB approach are categorised into 5 factors . They are * New specialized Personal * Installation and management cost and complexity * conversion costs * Need for explicit backup and recovery * organizational conflict
Cost and Risk of database approach?
The costs and risks of the database approach are categorized into 5 factors:New specialized PersonnelInstallation and management cost and complexityConversion costsNeed for explicit backup and recoveryOrganizational conflict
Describe the differences between implicit costs and explicit costs?
Explicit costs are those that are a result of a product. Implicit costs are costs that are associated with a product, but they can't be directly linked to the product.
The costs of a firm that are paid directly in money are called?
Explicit costs!
What is explicit costs?
explicit environment cost include the direct cost of modifying technology and processes, costs of clean up, disposal costs, fines by govt. agencies etc.
What are implicit and explicit?
Explicit costs are payments the firm makes for inputs such as wages and salaries to its employees, whereas implicit costs are non-expenditure costs that occur through the use of self owned resources such as foregone income.
The explicit costs of going to college include?
Tuition costs and the cost of books, whereas the implicit costs include foregone income.
What are ''environmental cost'' and social costs''?
Environmental costs refer to the impact caused by nature
What are the example explicit and implicit costs?
kamukha mo si oding
Cash expenditures a firm makes to pay for resources are called?
Explicit costs
The sum of the explicit and implicit costs incurred in the production process is called?
Fixed
Explicit costs are payments the firm makes for?
Inputs such as wages and salaries to its employees.
How do lawmakers make good environmental decisions?
By weighing the costs and benefits of an environmental issue
What are environmental costs?
The monetary impact from the negative environmental effects resulting from the choices we make.
