After Being Employed at Graphics, Inc

question 3

Multiple Choice

After being employed at Graphics, Inc.you started your own company, Graphics R Us.In addition to your raw materials to produce custom images, you rent your space and are responsible for all utilities and insurance on the building and capital equipment.You employ two assistants.Which of the following is not considered part of the total costs of production?

• A)Costs of raw material to produce a good or service
• B)Utilities for the space
• C)Lost salary for your skills and talents at your former job
• D)Taxes on your building

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Definitions:

EIS

An Environmental Impact Statement, a document prepared to describe the effects for proposed activities on the environment, often required for major projects to assess their environmental consequences.

Federal Agency

A government body in the United States created by the Congress to enforce laws and regulations in a specific area of responsibility.

CEQ

The Council on Environmental Quality, a federal agency coordinating federal environmental efforts and advising the president on environmental policy.

Environmental Assessments

Evaluations conducted to understand the environmental impacts of proposed projects or developments before they proceed.