Which of the Following Is a Carrying Cost

question 49

Multiple Choice

Which of the following is a carrying cost?

• A)receiving costs
• B)insurance
• C)clerical costs of preparing documents
• D)insurance costs on shipment

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Definitions:

Supply Curve

A graphical representation of the relationship between the price of a good or service and the quantity supplied.

Demand

The level of demand for goods or services that customers are prepared and can afford across a range of prices within a certain period.

Price Change

A fluctuation in the cost of a good or service in the market.

Decrease in Quantity

A reduction in the amount or number of a particular good or service.