The opportunity cost of an activity. Implicit costs are what a company or individual could have earned had a different decision been made. For example, suppose an independent consultant has two clients and she spends some time working on the first client's project.
November 23, 1992. Bobby Russell, 52, who wrote such song hits as Little Green Apples, Honey and The Night the Lights Went Out in Georgia.. Little Green Apples, recorded by Roger Miller, O.C. Smith and Patti Page, won Grammy awards in 1968 for song of the year and best country song. That same year, Honey, recorded by Bobby Goldsboro, was voted song of the year by the Country Music Assn.
Little Green Apples Written by: Bobby Russell Arranged By: Don Costa Orchestrated By: Bill Miller Originally made famous by: O.C. Smith Label: Reprise Records Recorded: November 13, 1968 Biggest Hit was by Roger Miller Lyrics: And I wake up in the morning, with my hair down in my eyes, And she says hi, and I stumble to the breakfast table, While the ...