Implicit cost. From Wikipedia, the free encyclopedia. In economics, an implicit cost, also called an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a firm must give up in order to use factor of production which it already owns and thus does not pay rent for. It is the opposite of an explicit cost, which is borne directly.
âI had a plan I wanted to doâ¦the bottom fell out of the market and we decided it didnât make sense to build it.â. Greenfield Partners â which is operating under the name Ann Arbor Green Property Owner LLC â is a privately owned real estate investment firm based in Connecticut. Its asset management office is based in Chicago.
In 1995 New Yorkers joined together to count their trees, creating a baseline inventory of the City's street trees. Ten years later, on April 29, 2005, Parks Commissioner Adrian Benepe rallied the troops to once again enumerate the arboricultural assets that grace the streets and sidewalks of New York City.