Home » Economics » A company’s expenditure on raw materials is regarded as?A company’s expenditure on raw materials is regarded as? A company’s expenditure on raw materials is regarded as? A. explicit cost B. implicit cost C. prime cost D. average cost Correct Answer: Option A Explanation Related Posts A major disadvantage of the arithmetic means is that it is The Joint Stock Company can be a company whose minimum membership is A producer sustains a loss in the short run if Two goods, X and Y, are said to be complementary when? If the price of an item changes by 8% and quantity supplied changes from 600… Economic problems arises because
