How Are Explicit Costs Calculated

question 98

Multiple Choice

How are explicit costs calculated

• A)They require an outlay of money by the firm.
• B)They include all of the firm's opportunity costs.
• C)They include income that is forgone by the firm's owners.
• D)They include interest earned from abandoned investment opportunities.

---

Definitions:

Educators

Individuals such as teachers, professors, and trainers who are responsible for teaching and facilitating learning for students at various levels.

Parental Divorce

The legal dissolution of a marriage by a court or other competent body, which results in the separation of the parents.

Remarriage

The act of marrying again after a divorce or the death of one's spouse.

Home-school-community Relationships

The dynamic connections and interactions between students' families, their schools, and the broader community, aiming to support educational outcomes.