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.
The first version was sung by Roger Miller. The song was later recorded by Patti Page (in 1968); and then most successfully in a modified R&B version by O.C. Smith, which rea â¦ ched #2 on the Billboard Top 100. The song was written by Bobby Russell. (See the lyrics via the Related links. Also listen to Roger Miller singing his version of the song.).