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N. K. Gupta posted an Question
September 18, 2021 • 10:52 am 30 points
  • UGC NET
  • Commerce

What is the meaning of imputed cost please explain in short

what is the meaning of imputed cost please explain in short

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  • Priya sarda best-answer

    An imputed cost is a cost that is incurred by virtue of using an asset instead of investing it or the cost arising from undertaking an alternative course of action. An imputed cost is an invisible cost that is not incurred directly, as opposed to an explicit cost, which is incurred directly.

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