Which of the Following Would Be Considered an Ongoing Expense

question 106

Multiple Choice

Which of the following would be considered an ongoing expense?

• A) Employee salaries
• B) Raw materials
• C) Advertising
• D) All of these could be considered ongoing expenses.

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Definitions:

Tight Supply Conditions

A market situation where the supply of a good is limited, often leading to higher prices.

Nonrivalrous Consumption

A consumption characteristic where one individual's use of a good does not reduce availability to others.

Marginal Cost

The cost incurred by producing one additional unit of a good or service.

Simultaneous Consumption

A characteristic of services that indicates they are consumed at the same time as they are produced.