What are the 4 types of cost?

Direct, indirect, fixed, and variable are the 4 main kinds of cost.

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Regarding this, what is monetary cost and non-monetary cost?

Monetary costs are the things associated with the job on which you must spend money. Non-monetary costs are the things that cost you personally, but not your bank account. Non-monetary costs are measured in units other than money. These costs could be time, convenience, or even effort. What are the 3 types of family income? Total family income is first classified by its four major sources: earnings of a male head, earnings of a wife or female head, earnings of other family members, and property or transfer income.

What is money income and psychic income?

Money income cannot be directly utilized, but it is used as a medium of exchange for obtaining goods and services. Money income is mainly based on the earning capacity of the members, but the real and psychic income depends on the skill that is exercised in management of everyday living. Subsequently, how is psychic income measured? Psychic income can be measured by using the contingent valuation method (CVM) (Johnson et al., 2006; Huang and Zhang, 2012). As Ohmann et al. (2006) argued, while this approach facilitates the analysis of social impacts by lending them an economic value, not all social impacts can be measured this way.

Is Psybeam better than confusion?

Psybeam is more powerful than Confusion and has an equal chance of confusing the victim. Confusion has 5 more PP, but 20 PP is still a lot and you'll get more damage out of 20 Psybeams than 25 Confusions.