When We Purchase a Product, the Price We Pay Directly

question 9

Multiple Choice

When we purchase a product, the price we pay directly reflects the _____ cost of producing it. If the manufacture of the product degrades the quality of air or water, then the costs of this pollution are termed _____ costs.

• A) Incidental; external
• B) Incidental; indirect
• C) Indirect; incidental
• D) External; internal
• E) Internal; external

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Definitions:

Fear Itself

An abstract concept implying that fear, especially unfounded or irrational fear, can be as dangerous or debilitating as the object of that fear.

Fundamentals

The most basic, core, or essential aspects or principles of a subject, concept, or skill.

Liquidation

is the process of bringing a business to an end and distributing its assets to claimants, often occurring when a company is insolvent.

Chronically Unemployed

Individuals who experience long-term unemployment, often due to systemic issues, lack of skills, or significant shifts in the economy, facing difficulties in finding stable work.