Which of the Following Is Not an Explicit Cost?​

question 21

Multiple Choice

Which of the following is not an explicit cost?​

• A)Salaries
• B)Sales taxes​
• C)The cost of utilities, such as gas and electricity​
• D)Insurance premiums​
• E)The value of a firm owner's time​

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Definitions:

Team's Problem

An issue or obstacle that a group must collectively address and resolve in order to achieve its objectives.

Transactive Memory System

is a shared system among team members for encoding, storing, and retrieving information, aiding in collaborative work.

Metaknowledge

is knowledge about knowledge, understanding how and why certain information is used, or comprehending the processes and structures of knowledge itself.

Team Members

Individuals who are part of a group collaborating towards a common goal or project.