A college student is thinking about running an ice-cream truck over the summer.Which of the following would likely be included in the total cost of the business?
A) The cost of ice cream cones
B) The cost of the truck
C) The cost of gasoline
D) All of these would be included in total cost.
Correct Answer:
Verified
Q4: Total revenue can be defined as:
A)the amount
Q6: An example of a one-time expense for
Q8: Total revenue is:
A)price multiplied by quantity of
Q9: A college student is thinking about running
Q11: Suppose Sam's Shoe Co.makes only one kind
Q12: Suppose Sam's Shoe Co.makes only one kind
Q14: An example of an ongoing expense for
Q15: Total cost includes:
A) one-time expenses and ongoing
Q16: Total revenue is:
A)the amount that a firm
Q20: Profit is the:
A) total revenue minus total
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