Respuesta :
Answer:
This distinction gives rise to two types of opportunity cost--explicit and implicit.
1:Explicit Cost: This is an opportunity cost that involves a money payment and usually a market transaction. ...
2:Implicit Cost: This is an opportunity cost that DOES NOT involve a money payment or market transaction.
Answer:
- Explicit Cost
- Implicit Cost
Explicit Cost: This opportunity cost involves money payment (and sometimes a market transaction).
Implicit Cost: This opportunity cost DOES NOT involves money payment or a market transaction.
Explanation:
