Which of the following is an implicit cost of migration?

A) the cost of traveling to a new country
B) having to adapt to a new culture
C) paying application fees
D) payment to an expediter

Implicit Cost

The opportunity cost associated with a firm's use of resources that it owns, measured by the income the firm foregoes by utilizing these resources in-house rather than engaging them elsewhere for profit.

Migration

The movement of people from one place to another with the intentions of settling, permanently or temporarily, at a new location.