Implicit costs can also be thought of as intangible costs that are not easily accounted for. For example, the time and effort that an owner puts into the maintenance of the company, rather than working on expansion, can be viewed as an implicit cost of running the business.
Initially developed by Android Inc., which Google bought in 2005, Android was unveiled in 2007, along with the founding of the Open Handset Alliance â a consortium of hardware, software, and telecommunication companies devoted to advancing open standards for mobile devices.
For that, you should stick with our Editors' Choice, Google Maps. Waze is owned by Google, though it remains a separate, cross-platform free GPS app. You can access traffic information from Waze in Google Maps, though you can only report or confirm traffic incidents in the Waze app itself. The app was updated earlier this year with faster search, Amber Alerts, and a new Time in Traffic bar.