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.
In 2001, the band (still with the classic lineup) released an album of new material, God Bless The Go-Go's. Green Day 's lead singer Billie Joe Armstrong co-wrote the only released single,  Unforgiven , which peaked at No. 22 on Billboard's Adult Top 40 chart.lso in 2001, the Go-Go's, along with artists Elton John, Billy Joel, David Crosby, and Paul Simon, performed at the concert  An All-Star Tribute to Brian Wilson  at Radio City Music Hall, hosted by the TNT network. The band in Austin, Texas, 2008. L to R: Belinda Carlisle, Gina Schock and Kathy Valentine.