Which of the Following Is an Example of an Implicit

question 239

Multiple Choice

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

• A) rent on a building
• B) the cost of fertilizer for a farmer
• C) the economic depreciation of capital equipment the business owns
• D) the cost of fuel and materials.
• E) wages paid to workers

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Definitions:

Blood Vessels

Tubes in the body through which blood circulates, including arteries, veins, and capillaries.

Excess Heat

Heat produced beyond what is necessary or utilized, often resulting in negative impacts on physical systems or organisms.

Skin

the body's largest organ, providing a protective barrier against mechanical impacts, microbes, and elements of the environment.

Serous Membrane

Body membrane in the thoracic and abdominal cavities that secretes a watery lubricant.