All of the Following Are Examples of Explicit Cost a Firm

question 227

Multiple Choice

All of the following are examples of explicit cost a firm might incur except

• A)the out-of-pocket expense to hire employees.
• B)taxes owed to the state government.
• C)the rental value of the warehouse space the company owns and uses for itself.
• D)the revenue a firm generates in using its resources.

---

Definitions:

Personality Factor

A dimension of personality used to categorize individuals based on their characteristics and behaviors.

Aloof

Displaying a lack of interest or a detached, distant demeanor; not friendly or forthcoming.

Fullest Development

Reaching the highest level of growth or potential in various aspects of an individual's life.

Self-actualization

A concept in humanistic psychology referring to the realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.