What is the Difference between an implicit cost and explicit cost?

What is the Difference between an implicit cost and explicit cost?
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Last Answer : (3) Implicit costs Explanation: In economics, an implicit is the opportunity cost equal to what a firm must give up in order to use factors which it neither purchases nor hires. It is ... instead of renting, selling or lending it. These are costs a business incurs without actually spending money.

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Description : Is constructor or destructor inheritance explicit or implicit? What does this mean?

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Description : What is explicit vs. implicit conversion?

Last Answer : When converting from a smaller numeric type into a larger one the cast is implicit. An example of when an explicit cast is needed is when a value may be truncated. 

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Last Answer : c. Explicit and disadvantageous

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Description : Match the following types of variables with the corresponding programming languages: (a) Static variables (i) Local variables in Pascal (b) Stack dynamic (ii) All variables in APL (c) Explicit heap dynamic (iii) Fortran 77 (d) Implicit ... (ii) (C) (iii) (i) (iv) (ii) (D) (ii) (i) (iii) (iv)

Last Answer : (C) (iii) (i) (iv) (ii) 

The non-expenditure costs which arise when the producing firm itself owns and supplies certain factors of production are (1) Explicit costs (2) Original costs (3) Implicit costs (4) Replacement costs

Description : The non-expenditure costs which arise when the producing firm itself owns and supplies certain factors of production are (1) Explicit costs (2) Original costs (3) Implicit costs (4) Replacement costs

Last Answer :  Implicit costs

Fill in the blank. The _____ is the difference between the additional money spent on prevention and the corresponding reduction in the cost of failure. Select one: a. cost-benefit analysis b. implicit cost c. cost of quality d. variable cost e. cost-utility analysis

Description : Fill in the blank. The _____ is the difference between the additional money spent on  prevention and the corresponding reduction in the cost of failure. Select one: a. cost-benefit analysis b. implicit cost c. cost of quality d. variable cost e. cost-utility analysis

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Which of the following costs is related to marginal cost? (1) Variable Cost (2) Implicit Cost (3) Prime Cost (4) Fixed Cost

Description : Which of the following costs is related to marginal cost? (1) Variable Cost (2) Implicit Cost (3) Prime Cost (4) Fixed Cost

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The expenses on advertising is called - (1) Implicit cost (2) Surplus cost (3) Fixed cost (4) Selling cost

Description : The expenses on advertising is called - (1) Implicit cost (2) Surplus cost (3) Fixed cost (4) Selling cost

Last Answer : (4) Selling cost Explanation: Selling cost is total cost of marketing, advertising, and selling a product. It differs from the production cost which is incurred to produce goods. Selling cost influences the commercial desire to purchase a commodity,

Implicit cost refers to ……………… (a) Value of inputs owned by the firm and used in its own manufacturing process (b) Value of input or services purchased from outside and used in its own manufacturing process ; (c) Value of inputs owned by the firm and sold to others ; (d) Value of inputs or services for which no payments were made to outside

Description : Implicit cost refers to (a) Value of inputs owned by the firm and used in its own manufacturing process (b) Value of input or services purchased from outside and used in its own manufacturing ... and sold to others ; (d) Value of inputs or services for which no payments were made to outside 

Last Answer : (d) Value of inputs or services for which no payments were made to outside 

Which of the following costs is related to marginal cost? (1) Variable Cost (2) Implicit Cost (3) Prime Cost (4) Fixed Cost

Description : Which of the following costs is related to marginal cost? (1) Variable Cost (2) Implicit Cost (3) Prime Cost (4) Fixed Cost

Last Answer : Variable Cost 

The expenses on advertising is called (1) Implicit cost (2) Surplus cost (3) Fixed cost (4) Selling cost

Description : The expenses on advertising is called (1) Implicit cost (2) Surplus cost (3) Fixed cost (4) Selling cost

Last Answer : Selling cost

Explicit cost refers to (a) Actual expenses of the firm to purchase or hire input it needed (b) Actual and notional expenses of the firm to purchase or hire input it needed (c) Notional expenses of the firm to purchase or hire input it needed ; (d) All the three

Description : Explicit cost refers to (a) Actual expenses of the firm to purchase or hire input it needed (b) Actual and notional expenses of the firm to purchase or hire input it needed (c) Notional expenses of the firm to purchase or hire input it needed ; (d) All the three

Last Answer : (a) Actual expenses of the firm to purchase or hire input it needed 

Would you be more or less likely to purchase music that came with a label warning the listener of implicit lyrics?

Description : Would you be more or less likely to purchase music that came with a label warning the listener of implicit lyrics?

Last Answer : I would suppose that “implicit” referred to graphic sexual (or possibly violent) content as opposed to cussing. If I were buying it for young children, either label would steer me away. If it’s for an adult, neither would.

Which statement about this situation is implicit?

Description : Which statement about this situation is implicit?

Last Answer : Stewart sits in class staring at the clock. His backpack is slung over his shoulder and his foot is tapping a speedy rhythmic beat

Find dy/dx by implicit differentiation. y cos x = 5x2 + 2y2

Description : Find dy/dx by implicit differentiation. y cos x = 5x2 + 2y2

Last Answer : Need Answer

Find dy/dx by implicit differentiation. 7x2 + 5xy − y2 = 8

Description : Find dy/dx by implicit differentiation. 7x2 + 5xy − y2 = 8

Last Answer : Need Answer

What is a good example for an implicit message?

Description : What is a good example for an implicit message?

Last Answer : Need answer

What statement about this situation is implicit?

Description : What statement about this situation is implicit?

Last Answer : ginger received sad news in the mail - Apex

What’s the implicit name of the parameter that gets passed into the set method/property of a class?

Description : What’s the implicit name of the parameter that gets passed into the set method/property of a class?

Last Answer : Value. The data type of the value parameter is defined by whatever data type the property is declared as.

What’s the implicit name of the parameter that gets passed into the set method/property of a class?

Description : What’s the implicit name of the parameter that gets passed into the set method/property of a class?

Last Answer : Value. The data type of the value parameter is defined by whatever data type the property is declared as.

What’s the implicit name of the parameter that gets passed into the class’ set method?

Description : What’s the implicit name of the parameter that gets passed into the class’ set method?

Last Answer : Value, and it’s datatype depends on whatever variable we’re changing. 

The parameters that are measured clinically in the flash ERG are: a. amplitude b. excitation time c. implicit time d. latency

Description : The parameters that are measured clinically in the flash ERG are: a. amplitude b. excitation time c. implicit time d. latency

Last Answer : implicit time

Which of the following statements is correct concerning an auditor's responsibilities regarding financial statements? a. The auditor's report should provide an assurance as to the future viability of the entity. b. Making suggestions that are adopted about the form and content of an entity's financial statements impairs an auditor's independence. c. An auditor's responsibilities for audited financial statements are confined to the expression of the auditor's opinion. d. The fair presentation of audited financial statements in accordance with an applicable financial reporting framework is an implicit part of the auditor's responsibilities

Description : Which of the following statements is correct concerning an auditor's responsibilities regarding financial statements? a. The auditor's report should provide an assurance as to the future ... with an applicable financial reporting framework is an implicit part of the auditor's responsibilities

Last Answer : An auditor's responsibilities for audited financial statements are confined to the expression of the auditor's opinion

Which of the following is incorrect about responsibility for financial statements? a. Management is responsible for fair presentation of the financial statements. b. Auditor is responsible for expressing an opinion on the financial statements. c. Audit of financial statements does not reduce management's responsibility. d. Fair presentation of financial statements is an implicit part of the auditor's responsibility

Description : Which of the following is incorrect about responsibility for financial statements? a. Management is responsible for fair presentation of the financial statements. b. Auditor is responsible for ... . Fair presentation of financial statements is an implicit part of the auditor's responsibility

Last Answer : Fair presentation of financial statements is an implicit part of the auditor's responsibility

Implicit factors A- .depend on developing microflora B- can be synergistic C- .both (a) and (b) D- .none of the above

Description : Implicit factors A- .depend on developing microflora B- can be synergistic C- .both (a) and (b) D- .none of the above

Last Answer : .both (a) and (b)

Implicit costs are (a) equal to total fixed costs (b) comprised entirely of variable costs (c) payments for self-employed resources(d) always greater in the short run than in the long run

Description : Implicit costs are (a) equal to total fixed costs (b) comprised entirely of variable costs (c) payments for self-employed resources (d) always greater in the short run than in the long run

Last Answer : (c) payments for self-employed resources

Which of the following is not valid with reference to Message Passing Interface (MPI)? (A) MPI can run on any hardware platform (B) The programming model is a distributed memory model. (C) All parallelism is implicit. (D) MPI - Comm - Size returns the total number of MPI processes in specified communication.

Description : Which of the following is not valid with reference to Message Passing Interface (MPI)? (A) MPI can run on any hardware platform (B) The programming model is a distributed memory model. (C) All ... implicit. (D) MPI - Comm - Size returns the total number of MPI processes in specified communication.

Last Answer : (C) All parallelism is implicit.

Implicit return type of a class constructor is: (A) not of class type itself (B) class type itself (B) a destructor of class type (D) a destructor not of class type

Description : Implicit return type of a class constructor is: (A) not of class type itself (B) class type itself (B) a destructor of class type (D) a destructor not of class type 

Last Answer : (B) class type itself

I heard the TV series "Euphoria" is very... explicit. Is it even legal in the US?

Description : I heard the TV series "Euphoria" is very... explicit. Is it even legal in the US?

Last Answer : Do you mean this Euphoria or this Euphoria?

Have you left explicit instructions for someone to follow in the event of your death?

Description : Have you left explicit instructions for someone to follow in the event of your death?

Last Answer : We have a living will and a durable power of attorney. We have had conversations with all our family as to what is important to us, though nothing bubbling up to the level of having to write it all down. Once I die, I really don’t have the concern anymore.

Women that post explicit photos of them, insecure or confident?

Description : Women that post explicit photos of them, insecure or confident?

Last Answer : answer:Some of them insecure, some of them confident. I can understand it. I like it when people think I’m handsome—I think that’s not difficult to imagine for most people. This is just an extension of that. And isn’t specific to women at all.

Is there a law against some one sending another person unsolicited sexually explicit pictures of themselves over their phone?

Description : Is there a law against some one sending another person unsolicited sexually explicit pictures of themselves over their phone?

Last Answer : Context please. To a minor, from a minor. . . . ? Receiving party got a picture of unknown or known individual?

Do guys like direct and explicit statements or mysterious and flowery ones?

Description : Do guys like direct and explicit statements or mysterious and flowery ones?

Last Answer : Not all guys are the same. Some need direct statements, some may have more “romantic” minds – just like girls. Guys are not a different species.

Do you think people put way too much emphasis on how bad "explicit language" in songs is?

Description : Do you think people put way too much emphasis on how bad "explicit language" in songs is?

Last Answer : Twisted, isn't it. Making cartoons for children where the characters go after each other with all kinds of weaponry and explosives while at the same time being outraged at accidental breast exposure or ... on tv in a country that prides itself with allegedly being a country with freedom of speech.

(Explicit) If you like SONY, Have you seen this on youtube?

Description : (Explicit) If you like SONY, Have you seen this on youtube?

Last Answer : That was awesome, thanks.