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Non-monetary cost is the amount of time and resources required outside of actual money. An example would be the man hours required to build a bridge.

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Which most strongly influences consumers nonmonetary considerations?

Consumers' nonmonetary considerations are most strongly influenced by factors related to their values, emotions, and personal preferences. Elements such as brand reputation, trustworthiness, ethical practices, environmental sustainability, and emotional connections with a product or brand play a significant role. Additionally, factors like social responsibility, cultural alignment, and the overall experience associated with a product or service can heavily impact consumers' nonmonetary considerations. These aspects contribute to a consumer's perception of value beyond the financial aspect and often influence their purchasing decisions. bluemedbillig com


What is the difference between monetary and nonmonetary considerations?

Monetary considerations refer to factors that involve financial aspects, such as costs, revenues, and profits. These are quantifiable and typically expressed in terms of currency. Nonmonetary considerations, on the other hand, encompass qualitative factors such as employee satisfaction, brand reputation, or environmental impact, which are not easily measured in financial terms. Both types of considerations are important for making well-rounded business decisions.


What does monetary and nonmonetary factors mean?

Monetary factors refer to aspects that involve financial elements, such as income, prices, and interest rates, which can influence economic decisions and behaviors. Nonmonetary factors, on the other hand, encompass elements that do not have a direct financial component, such as social influences, personal preferences, cultural values, and psychological factors. Both types of factors can significantly impact consumer choices, business strategies, and overall economic conditions. Understanding the interplay between these factors is crucial for effective decision-making in various contexts.


Is the depriciation cost is variable cost?

yes..depreciation cost is the variable cost..


What is the formula to find the average variable cost?

Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity

Related Questions

Are prepayments nonmonetary assets?

Yes. You will receive / provide no cash or cash-equivalents. You will get / provide some assets for the prepayments.


Which most strongly influences consumers nonmonetary considerations?

Consumers' nonmonetary considerations are most strongly influenced by factors related to their values, emotions, and personal preferences. Elements such as brand reputation, trustworthiness, ethical practices, environmental sustainability, and emotional connections with a product or brand play a significant role. Additionally, factors like social responsibility, cultural alignment, and the overall experience associated with a product or service can heavily impact consumers' nonmonetary considerations. These aspects contribute to a consumer's perception of value beyond the financial aspect and often influence their purchasing decisions. bluemedbillig com


What are some nonmonetary costs associated with energy use?

Cost of health , cost of environment might be the non monetary costs associated with energy use._______________________________________________________________Environmental pollution:green house gases,ozone depletion,noise pollution,visible pollution,global warm up,acid rain,heavy metal (mercury, arsenic, lead, ...) health effectsionizing radiation health impacts


What is the difference between monetary and nonmonetary considerations?

Monetary considerations refer to factors that involve financial aspects, such as costs, revenues, and profits. These are quantifiable and typically expressed in terms of currency. Nonmonetary considerations, on the other hand, encompass qualitative factors such as employee satisfaction, brand reputation, or environmental impact, which are not easily measured in financial terms. Both types of considerations are important for making well-rounded business decisions.


What does monetary and nonmonetary factors mean?

Monetary factors refer to aspects that involve financial elements, such as income, prices, and interest rates, which can influence economic decisions and behaviors. Nonmonetary factors, on the other hand, encompass elements that do not have a direct financial component, such as social influences, personal preferences, cultural values, and psychological factors. Both types of factors can significantly impact consumer choices, business strategies, and overall economic conditions. Understanding the interplay between these factors is crucial for effective decision-making in various contexts.


Is total cost different from overhead cost?

Overhead cost is part of total cost and not different from total cost as formula is as follows: Total cost = material cost + labor cost + overhead cost


Is fire a selling cost manufacturing cost direct manufacturing cost indirect administraitve cost fixed cost or variable cost?

Is fire a selling cost, direct manufacturing cost, indirect manufacturing cost, administrative cost, foxed cost or variable cost.


What are the types of cost center?

Production cost centerpersonal cost centerservice cost centeroperation cost centerimpersonal cost centerprocess cost center


Does total cost equal the fixed cost plus the vriable cost divides by volume?

Formula for Total Cost: Fixed Cost + Variable Cost + Semi-Variable Cost if there is no semi-variable cost then fixed cost + variable cost is a total cost. if we devide the total cost with volume as well then it will be cost per unit not total cost


Is janitorial cost a variable cost?

No, Janitorial Cost is not a variable cost, it is a Fixed Cost.


What is the selling price of a jacket that is 156 the profit is 30 percent of the cost what is the price?

Selling price = Cost + Profit= Cost + Cost*30% = cost*(1.30) = 156*1.3 = 202.80Selling price = Cost + Profit= Cost + Cost*30% = cost*(1.30) = 156*1.3 = 202.80Selling price = Cost + Profit= Cost + Cost*30% = cost*(1.30) = 156*1.3 = 202.80Selling price = Cost + Profit= Cost + Cost*30% = cost*(1.30) = 156*1.3 = 202.80


Difference between histotical cost and standard cost?

Standard cost is the cost which is basis to measure the actual cost historical cost is the initial cost