Which One of the Following Is Included in the Implicit

question 90

Multiple Choice

Which one of the following is included in the implicit rental rate of capital?

• A)economic depreciation
• B)the cost of electricity
• C)the cost of raw materials
• D)the cost of low-skilled labour
• E)the cost of heating

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Definitions:

Negative Proposition

A statement or assertion that denies something or states a position in opposition to a certain idea or claim.

Disjunctive Syllogism

An argument based on deductive reasoning that uses elimination to present just two options in its premises.

Sound

Vibrations that travel through the air or another medium and can be heard when they reach a person's or animal's ear.

Perfectly Flat

Describing a surface that is completely smooth and level, without any bumps, curves, or inclines.