A College Student Is Thinking About Running an Ice-Cream Truck

question 95

Multiple Choice

A college student is thinking about running an ice-cream truck over the summer.Which of the following would likely be an ongoing expense of the business?

• A) The cost of the truck
• B) The cost of the gasoline used
• C) The cost of ice cream scoopers
• D) None of these is an ongoing expense.

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Definitions:

Vehicle-Sharing Service

A model of car rental where individuals can rent vehicles for short periods of time, often by the hour, facilitating urban mobility and reducing private car ownership.

Peer-to-Peer Lender

an online platform that matches people willing to lend money directly to individuals or businesses seeking to borrow, bypassing traditional financial institutions.

Shared Economy

An economic model where assets and services are shared between private individuals, typically via the internet.

Cloud-Based Solutions

Services, software, or infrastructure that are hosted on remote servers accessed via the internet, facilitating scalability and flexibility.