Multiple Choice
Which of the following is an explicit cost to a business firm?
A) The rental value of property owned by the firm
B) The cost of the owner's time
C) The cost of borrowing an amount equal to the value of the capital assets owned by the firm
D) None of the above is an explicit cost.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q23: Sales taxes paid to the state by
Q24: Vincent purchased 12 acres of land for
Q25: An increase in the uncertainty associated with
Q26: Salaried employees of the XYZ Corporation are
Q27: Which of the following functional areas of
Q29: Which of the following is the best
Q30: Which of the following refers to the
Q31: Businesses are taxed on the basis of
Q32: Many firms have responded to the need
Q33: Which of the following refers to the