If Ripco Owns the Building Where It Operates, Then If

question 33

Multiple Choice

If Ripco owns the building where it operates, then if

• A)the firm pays no rent, there is no opportunity cost
• B)the firm does not rent the building to anyone else, there is no opportunity cost
• C)the firm pays no rent, there is an opportunity cost
• D)its usage of the building precludes it from renting to anyone else, there is an opportunity cost
• E)the firm could use the building for other things, there is no opportunity cost

---

Definitions:

Task Labor

A system of labor, mostly used in agricultural settings, where enslaved people were assigned specific tasks to complete each day.

Slave Families

Family units formed by enslaved people, often facing challenges such as separation due to sale by slave owners, yet demonstrating resilience and cultural continuity.

Lifelong Commitment

A long-term dedication or pledge to a cause, activity, or relationship, intended to last the entirety of one's life.

Marriage Ceremony

A formal event or ritual where two individuals are united in marriage, often encompassing a variety of customs and traditions depending on the culture.