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Author Question: Which of the following would be considered an implicit cost of operating a business? A) interest ... (Read 54 times)

naturalchemist

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on: Jun 29, 2018
Which of the following would be considered an implicit cost of operating a business?
 
  A) interest payments on a loan
  B) Social Security contributions for employees
  C) the resale value of delivery vans the company owns and uses for its deliveries
  D) shipping expenses

Question 2

Imposing tariffs in cases of dumping
 
  A) is allowed under the WTO agreement.
  B) is not allowed under the WTO agreement.
  C) has never occurred, even though it is allowed under the WTO agreement.
  D) is not addressed by the WTO agreement.
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blakeserpa

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


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