The cost of an activity paid for by the individual and the third party is defined as

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Business

Callie Freeman

18 June, 14:59

The cost of an activity paid for by the individual and the third party is defined as

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Gregory Strickland · Answer 1

The cost of an activity paid for by the individual and the third party is defined as social cost.

Sasha Roberts · Answer 2

The correct answer is internal cost. These are the most basic types of cost and are basically what you base your prices on. It's things like materials and labour costs and overhead costs and things like that. External costs don't fall within this domain because they cannot be influenced and determined by the individual and the third party.