Definitions from Wikipedia (Implicit cost)

▸ noun:  In economics, an implicit cost, also called an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a firm must give up in order to use a factor of production for which it already owns and thus does not pay rent.


▸ Words similar to implicit cost
▸ Usage examples for implicit cost

▸ Idioms related to implicit cost
▸ Wikipedia articles (New!)
▸ Words that often appear near implicit cost
▸ Rhymes of implicit cost

▸ Invented words related to implicit cost