The time as well as the mental and physical efforts required to consume the service are examples of:
A)non-fiscal effort.
B)non-monetary costs.
C)total costs.
D)supplemental costs.

Question

Quizplus · Accepted Answer

Non-monetary costs include all the efforts required, apart from the monetary payment, to consume the service. These efforts can be mental or physical, and they add up to the total cost of availing the service. Therefore, the option B, non-monetary costs, best describes the given scenario. The rest of the options are not relevant in this context - (A) non-fiscal effort is a vague term, (C) total costs include both monetary and non-monetary costs, and (D) supplemental costs are additional expenses that may or may not be related to consuming the service.

The Time as Well as the Mental and Physical Efforts