Which of the Following Is NOT One of the Costs

question 21

Multiple Choice

Which of the following is NOT one of the costs considered in aggregate production planning?

• A)Subcontracting cost.
• B)Capital equipment cost.
• C)Inventory cost.
• D)Firing (layoff)cost.

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Definitions:

School Enrollment

The process of registering or entering students into a formal educational institution or program.

National Income

Total income earned by resource suppliers for their contributions to gross domestic product plus taxes on production and imports; the sum of wages and salaries, rent, interest, profit, proprietors’ income, and such taxes.

Developing Countries

Nations with a lower level of industrialization, lower living standards, and lower Human Development Index (HDI) than developed countries.