Question

What is an internal cost of driving a domestic car?

Answer 1

Answer:

The correct option is: Cost of materials used in manufacture

Explanation:

There are two types of costs of an object: the internal costs and the external costs.

The internal cost of an object is the direct monetized cost. It refers to the cost involved in the production or manufacturing of a given object. Example: labor, material required, equipment, energy, and overhead expenses.