Which of the following is an example of an opportunity cost?

A) Depositing money into a savings account so you will be able to pay cash for holiday gifts
B) Buying a car which depletes your savings
C) Giving up going to a movie in order to study for your finance exam
D) Purchasing a new computer


Answer: C

Business

You might also like to view...

Sally recently purchased Brand X lotion. In comparing her perception of how the lotion made her skin feel and look to her expectations about Brand X lotion, Sally was measuring her level of ________

A) share of customer B) customer satisfaction C) customer equity D) customer-perceived value E) customer lifetime value

Business

Explain the various types of workplace emergencies and how employers can effectively deal with such situations.

What will be an ideal response?

Business

Predictive analytics uses statistical modeling to draw conclusions and predict behavior based on the assumption that what has happened in the past will continue to happen

a. True b. False

Business

Under majority voting, a majority (>50%) shareholder will be able to elect the entire board of

directors. Indicate whether the statement is true or false

Business