Which of the Following Is an Example of an Implicit

question 80

Multiple Choice

Which of the following is an example of an implicit cost a firm might incur?

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

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Definitions:

Anorexia Nervosa

A psychological and potentially life-threatening eating disorder characterized by an intense fear of gaining weight and a distorted body image, leading to severe restrictions on food intake and energy use.

Axis 1 Disorders

Clinical disorders that include major mental disorders, learning disorders, and substance use conditions in the DSM-IV classification.

Oral Stage

The first stage in Freud's psychosexual development theory, occurring in the first year of life, where pleasure is centered on oral activities such as sucking and eating.

Fixated

Obsessively focused or attached to someone or something in an immature psychological state.