Question

Hailey needs to identify internal costs so she can price her product accordingly. Which cost will be part of Hailey’s calculation?

A.

cost of endangering species

B.

cost of deforestation

C.

cost of air pollution

D.

cost of disposing by-products

E.

cost of employees (labor)

Answer 1

answer is E

because of internal costs

Answer 2

Answer:

E.  cost of employees (labor)

Explanation:

An internal cost is a cost that is required to be able to produce a good and that have to be taken into account when establishing the price of the product. From the options given, the internal cost is the cost of employees (labor) as they perform the jobs necessary to manufacture the products that are sold by the company.

The other options are external costs that are cost that are not included in the price of the product but that have to be paid like contamination and the disposal of the product after its use.