Two Friends, Diane and Sam, Own and Run a Bar

question 100

Multiple Choice

Two friends, Diane and Sam, own and run a bar.Diane tends bar on Monday, Wednesday, and Friday and receives a wage in addition to tips.Sam tends bar on Tuesday, Thursday, and Saturday and receives only tips.Which of the following represents an implicit cost of operating the bar?

• A)Diane's wage
• B)Sam's time
• C)Diane's tips
• D)Sam's tips
• E)both Diane's and Sam's tips

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Definitions:

Spinal cord

The cylindrical bundle of nerve fibers and associated tissue that is enclosed in the spine and connects nearly all parts of the body to the brain.

Frontal lobe

The part of the brain located at the front of each cerebral hemisphere, associated with reasoning, motor skills, higher level cognition, and expressive language.

Motor activity

Physical movements and actions generated by the body's muscle system.

Brain

An organ of the central nervous system in vertebrates, located in the skull and functioning as the primary center for controlling bodily activities and cognitive functions.