Intangible Costs Include Which of the Following

question 108

Multiple Choice

Intangible costs include which of the following?

• A)quality of prospective employees
• B)quality of education
• C)availability of public transportation
• D)all of the above
• E)none of the above

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Definitions:

Typeset

A method or process of setting text for printing.

Inverse Demand Function

A mathematical function that shows the relationship between the price of a good and the quantity demanded, with price as a function of quantity.

Unit Tax

A fixed amount of tax imposed on a product, regardless of its price.

Total Costs

The sum of all costs incurred by a firm in producing a certain level of output, including both fixed and variable costs.