While Listening to a News Story About the Ongoing Government

question 119

Multiple Choice

While listening to a news story about the ongoing government efforts in the Middle East, Amelia frowned and slumped her shoulders. What emotion was she expressing?

• A) anger
• B) wit
• C) frustration
• D) sadness
• E) happiness

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Definitions:

Fixed Costs

Costs that do not change in total with changes in the volume of production or sales, such as rent, salaries, and insurance.

Relevant

Pertaining to something that is closely connected or appropriate to the matter at hand, especially in decision making or problem-solving.

Decision

The act of making a choice among various alternatives.

Opportunity Costs

The value of the next best alternative that is foregone as a result of making a decision, used in evaluating the relative cost of different choices.