Which of the Following Is Not an Explicit Cost

question 145

Multiple Choice

Which of the following is not an explicit cost?

• A)salaries
• B)sales taxes
• C)the cost of utilities, such as gas and electricity
• D)insurance premiums
• E)the value of a firm owner's time

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Definitions:

Group Cohesion

The bonds that bring members of a group together, fostering unity, commitment, and often a sense of belonging among members.

Differing Goals

Objectives or aims that vary between individuals or groups, often leading to a need for compromise or negotiation.

Twenty Statements Test

A psychological inventory that asks respondents to complete the statement "I am..." twenty times, used to assess self-concept.

Accelerated Pace

An increase in the speed at which activities or changes occur, often seen in technology, life, or work environments.