Which of the Following Is Least Likely to Be Included

question 90

Multiple Choice

Which of the following is least likely to be included in order costs?

• A)processing vendor invoices for payment
• B)moving delivered goods to temporary storage
• C)inspecting incoming goods for quantity
• D)taking an inventory to determine how much is needed
• E)temporary storage of delivered goods

---

Definitions:

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, reflecting their preferences for certain combinations of goods.

Budget Constraint

Constraints on the assortments of products and services available for purchase by a consumer, determined by their financial resources and market prices.

Tangent

A straight line that touches a curve at a single point without crossing it, often used to find the slope of the curve at that point.

Substitution Effect

The change in the quantity demanded of a good that results from a change in price, making the good more or less expensive relative to other goods.