1
Question
What is meants by cost in economics ?
What is meants by cost in economics ?
Open in App
Solution
Cost of producing a good is the sum of actual expenditure on inputs and the imputed expenditure on the inputs supplied by the owner.
Cost of producing a good is the sum of actual expenditure on inputs and the imputed expenditure on the inputs supplied by the owner.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
