please provid some numericals of explicit and implicit cost.....as they re given jn samplepaper as well..plese giv em the smae along with solutions???????
Hi, you can visit the link mentioned below to view some example of calculating explicit and implicit costs.
https://www.meritnation.com/ask-answer/question/how-to-solve-this-question-qfind-out-a-explicit-cost-and/production-and-costs/7031272
https://www.meritnation.com/ask-answer/question/find-out-a-explicit-cost-b-implici-cost-from-the-following/production-and-costs/7008349