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Cost Quiz #1 v.1

Quiz by Ian Cornell

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11 questions
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  • Q1
    No Aid, No Violation
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    60s
  • Q2
    A
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    60s
  • Q3
    E
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    60s
  • Q4
    I
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    60s
  • Q5
    M
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    60s
  • Q6
    C (round answer down to nearest whole number)
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    60s
  • Q7
    G
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    60s
  • Q8
    K (round answer down to nearest whole number)
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    60s
  • Q9
    O
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    60s
  • Q10
    Office rent is what type of cost?
    Explicit & Fixed
    Fixed
    Explicit & Implicit
    Implicit & Fixed
    60s
  • Q11
    Which of the following is NOT an implicit cost?
    Salaries paid to employees
    Entrepreneurship
    Rent you could receive from leasing office space
    Salary you could receive if you worked at an alternative job
    60s

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