The Explicit Cost of Production Is Also Called

question 21

Multiple Choice

The explicit cost of production is also called

• A)variable cost.
• B)accounting cost.
• C)direct cost.
• D)overhead cost.

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Definitions:

Iconic Memory

A type of visual sensory memory that briefly holds an image of a visual stimulus after its exposure.

Implicit Memory

A type of long-term memory that enables people to perform tasks without conscious awareness of having learned them.

Conditioned Fear

A learned response to a previously neutral stimulus that becomes associated with a fear-inducing event or situation.

Mental Image

A representation in the mind of a sensory experience, which can be visual, auditory, or related to other senses.