Examlex
Which of the following would not be included in inventory carrying cost?
Accounting Profit
The net income a company reports on its financial statements, calculated as total revenues minus explicit costs.
Marginal Product
The additional output that is produced by using one more unit of a specific input, holding the levels of all other inputs constant.
Nonlabor Resources
Nonlabor resources refer to the materials, capital, land, and technology used in the production of goods and services, distinct from human labor.
Output
The total amount of goods or services produced by a business, industry, or economy during a given period.
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