Which of the Following Is an Example of an Implicit

question 36

Multiple Choice

Which of the following is an example of an implicit cost?

• A)Interest paid on the firm's debt
• B)Rent paid by the firm to lease office space
• C)The owner of a firm forgoing an opportunity to earn a large salary working for a Wall Street brokerage firm
• D)Wages paid to workers

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Definitions:

Cynical Performance

An attitude or approach where individuals display low enthusiasm or belief in their tasks or roles, often expecting negative outcomes.

High Self-Monitor

An individual with a keen awareness and ability to adjust their behavior and presentation according to social cues and contexts.

Behaviors

Observable actions or responses of an individual or a group.

Self-Handicapper

An individual who creates or claims obstacles to performance in anticipation of failure, to preserve self-esteem by attributing failure to external factors.