Which of the following is NOT an explicit cost?
A) $200 to hire 2 gardeners for landscaping work
B) $1500 to buy bricks for the driveway of your house
C) $25 for lunch to serve to your workers
D) The $100 in interest you lost by using your CD funds to pay for new pizza oven
Correct Answer:
Verified
Q5: A sunk cost is
A)the cost for drilling
Q6: Manisha could work for another firm making
Q8: One problem with measuring a durable good's
Q10: Sarah earns $40,000 per year working for
Q10: A durable good is product that
A)holds up
Q11: You purchase a pizza oven that is
Q12: Which of the following is most likely
Q13: If a firm buys a delivery van
Q14: If a firm buys a building so
Q16: Why might a police officer NOT pull
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