A company's expenditure on raw materials is termed as...
A company's expenditure on raw materials is termed as_______?
Prime cost
Explicit cost
Average cost
Implicit cost
Correct answer is A
A prime cost is the total direct costs of production including raw materials and labour.
The shares which do not carry any fixed rate of dividend are known as ...
From the above, the Growth Rate of Total National Output or GDP is ...
Which of the following is not a reason why statutory are run only by the government? ...
Which of the following is an indirect tax? ...
Which of the following are not agents of distribution ...
Output (bags of rice 0 10 20 30 40 50 60 Tot...
Which of the following are intermediate products? ...
The age distribution of a population is NOT influenced by ...