Which One of the Following Costs Would Not Be Considered

question 108

Multiple Choice

Which one of the following costs would not be considered an indirect cost of serving a customer at a fast food restaurant?

• A) the cost of the hamburger patty in the burger the customer orders.
• B) the wages of the employee who cleans the tables.
• C) the cost of heating and lighting the kitchen.
• D) the salary of the restaurant's manager.
• E) the steam cleaning service for the grill vent.

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Definitions:

Commodity X

A placeholder term for any generic good that is interchangeable with other goods of the same type and is not differentiated in the market by its features.

Advanced Analysis

The application of sophisticated methods and techniques in the assessment, evaluation, and understanding of complex subjects or data.

Equilibrium Price

The market price at which the quantity of a good supplied equals the quantity demanded, leading to a stable market condition.

Price Ceilings

Government-imposed limits on how high a price can be charged for a product or service, aimed at protecting consumers.