A Severe Cyclone Causes Substantial Damage to a Brick Manufacturing

question 138

Multiple Choice

A severe cyclone causes substantial damage to a brick manufacturing company's production equipment. As a result, the company spends a sum of $25,000 to repair the equipment. Given this information, the sum of $25,000 that the company spends is its _____.

• A) explicit cost
• B) implicit cost
• C) indirect cost
• D) direct cost

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Definitions:

Gas Chromatograph

An analytical machine used for separating and analyzing compounds that can be vaporized without decomposition, typically used in chemical analysis.

Gasoline Phase

A term describing gasoline in its liquid state as used in internal combustion engines, distinguishing it from gaseous fuel states.

Carbon Compounds

Organic molecules that contain carbon atoms bonded together or with other elements, forming the basis of organic chemistry.