Which One of the Following Foods Contains the Highest Percentage

question 100

Multiple Choice

Which one of the following foods contains the highest percentage of water?

• A) strawberries
• B) yogurt
• C) avocado
• D) ice cream

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Definitions:

Opportunity Costs

The detriment faced for not opting for the immediate next best possibility during decision implementation.

Efficient Market Outcomes

Refers to a situation in markets where all available information is fully reflected in prices, ensuring that transactions do not systematically advantage any party.

Risk-free Ventures

Investments that are assumed to have no risk of financial loss.

Scarcity

A fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.