All of the Following Are Examples of Explicit Cost a Firm

question 227

Multiple Choice

All of the following are examples of explicit cost a firm might incur except

• A)the out-of-pocket expense to hire employees.
• B)taxes owed to the state government.
• C)the rental value of the warehouse space the company owns and uses for itself.
• D)the revenue a firm generates in using its resources.

---

Definitions:

Stanley Milgram

A psychologist known for his groundbreaking research on obedience to authority, including the famous Milgram experiment.

Inhumane Acts

Actions or treatments that are cruel, lacking kindness and compassion, often causing physical or psychological harm.

Stanley Milgram

A psychologist known for his research on obedience, demonstrating how people are willing to follow orders from an authority figure, even to the extent of causing harm to others.

Obedience

The act of following orders or conforming to instructions from authority figures, often considered a form of social influence.