Which of the Following Costs Are Incurred and Paid for by a Firm

question 129

Multiple Choice

Which of the following costs are incurred and paid for by a firm?

• A)realized external failure costs
• B)unrealized external failure costs
• C)realized internal failure costs
• D)unrealized internal failure costs

---

Definitions:

Curfew

A regulation requiring people to remain indoors during designated hours, typically imposed by a government or authoritative body.

Procedural Justice

The fairness and transparency of the processes that lead to outcomes or decisions.

Status Construction

The process by which social statuses are created, maintained, and transformed through social interactions and structures.

Distributive Justice

The perceived fairness of how resources and rewards are distributed within a society or group.