Does implicit cost and opportunities cost are same?

Economics

Atharv Sankliya

CA Final

★ 3K+

08-Aug-22 15:39

830

Answers (6)

Both are one and same in some aspects

RAVIKANTH RALLAPALLI

CA Inter

★ 1K+

08-Aug-22 15:49

Yes both are same

Divy Degda

CA Final

★ 2K+

08-Aug-22 16:28

Yeah both are same

Shankari C

CA Inter

★ 12K+

08-Aug-22 16:41

Opportunity cost is the wider term than implicit cost.

Attachments

Jitendra Kumar

CA Final

★ 41K+

08-Aug-22 17:00

Both are same

Balachandar S

CA Inter

★ 59K+

08-Aug-22 19:42

Yes same

Mohammad Badurul

CA Final

★ 10K+

02-Oct-22 18:20