Which of the Following Is an Accurate Example of an Overhead

question 69

Multiple Choice

Which of the following is an accurate example of an overhead?

• A) Cost of company cafeteria
• B) Cost of instruments needed for production
• C) Basic salary paid to every employee
• D) Amount spent on raw materials for production

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Definitions:

Charities

Organizations dedicated to furthering a particular social cause or advocating for a shared point of interest, typically operating on a non-profit basis.

Negative Externalities

Unintended and uncompensated costs imposed by one party’s actions on others not involved in the action, often leading to market failure.

Market Failure

A scenario in which the distribution of goods and services through an unregulated market leads to inefficiency, frequently resulting in a decrease in overall societal well-being.

Government Policies

Strategies and actions taken by a government to govern, direct, or regulate a community, country, or economy.