Intangible Costs Include All of the Following Except

question 78

Multiple Choice

Intangible costs include all of the following except

• A) quality of prospective employees.
• B) quality of education.
• C) availability of public transportation.
• D) availability of health care.
• E) entry-level training for new employees.

---

Definitions:

Marginal Cost

The cost of producing one additional unit of a good or service, which can vary depending on the level of production.

Average Variable Cost

The total variable cost divided by the quantity of output, representing the variable cost per unit of output.

Marginal Product

The additional output resulting from using one more unit of a particular input, holding all other inputs constant.

Marginal Cost

The incremental cost associated with producing an extra unit of a product or service.