to determine the total economic cost of building a courthouse, a government leader should\n\nmultiply the…

to determine the total economic cost of building a courthouse, a government leader should\n\nmultiply the cost of labor by the cost of materials.\nadd the cost of labor and materials.\nsubtract the cost of labor from materials.\ndivide the cost of labor by the cost of materials.

to determine the total economic cost of building a courthouse, a government leader should\n\nmultiply the cost of labor by the cost of materials.\nadd the cost of labor and materials.\nsubtract the cost of labor from materials.\ndivide the cost of labor by the cost of materials.

Answer

Brief Explanations:

In economics and accounting, the total cost of a project is determined by the summation of all individual expenses incurred during production. For a construction project like a courthouse, the primary components of the explicit cost are the expenditures for human resources (labor) and physical resources (materials). Therefore, to find the total economic cost, one must aggregate these distinct cost categories.

Answer:

add the cost of labor and materials.