--%>
Assignment Help - homework help

Example of an explicit cost

Which of the given below is an example of the explicit cost? (i) The owner’s time. (ii) Depreciation on company owned truck. (iii) The interest which could be earned when some of the owner’s funds was not tied up in business. (iv) Salaries paid to the employees.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Price elasticities for market demand

    Of the given price elasticities [ed] for market demand curves, there the one which is absolutely implausible by the vantage of standard economic theory would be one for that, across all conceivable ranges of prices: (1) ed= 0 and the

    		•
  • Q : Can GNP be more than GDP Can GNP be

    Can GNP be more than GDP? Answer: Yes, GNP can be greater or more than GDP if NFIA is positive.

    		•
  • Q : Maximize output by monopolists

    Economists suppose that most monopolists wish for maximize: (i) accounting profit. (ii) the prices they charge. (iii) total revenue. (iv) economic profit. (v) output. I need a good answer on the topic of Ec

    		•
  • Q : Present value of future payments When

    When interest rates rise, in that case the present value of future payments will: (w) fall. (x) rise. (y) remain the same. (z) depend onto the transactions demand for money. How can I solve my Economics

  • Q : Income-Satisfaction boundaries Demand

    The maximum amounts of a good that people are willing and capable to buy at different market prices during a specific period are depicted by: (1) Horizontal summations. (2) Income or satisfaction boundaries. (3) Demand curves. (4) Consumption possibilities frontiers.<

    		•
  • Q : Present value of asset by financial

    When the interest rate is 5% and a financial investment produces annual payments of price $50,000, in that case the present value of this asset is: (w) $1,000,000. (x) $5,000,000. (y) $500,000. (z) $10,000,000.

    Q : Maximizing firm profit conflicts with

    Whenever maximizing the firm profit conflicts with self-interests of business managers, this can lead to the: (i) Principal-agent problems. (ii) Negative accounting gain. (iii) Maximization of the revenues. (iv) Negative economic gain.

    Q : Problem regarding to price ceilings and

    Persistent shortages of a good are mostly all the time attributable to: (w) legal ceiling prices that are set below equilibrium. (x) recessions that yield high unemployment rates. (y) price gouging by firms with monopoly power. (z) legal price floors

    		•
  • Q : Investment by profit-maximizing pure

    For such illustrated figure profit-maximizing pure competitor, there area aPed shows: (1) fixed cost (TFC). (2) average fixed cost (AFC). (3) the lowest possible economic loss. (4) maximum economic profits. (5) the rate of return on investment. <

    		•
  • Q : Lowest possibility for price elasticity

    The price elasticity of demand would possibly be lowest for: (1) Dasani. (2) Deer Park. (3) Aquafina. (4) bottled water. (5) Perrier. Can anybody suggest me the proper explanation for given problem regarding