Which of the Following Would Not Be Considered an Opportunity

question 46

Multiple Choice

Which of the following would not be considered an opportunity cost?

• A) the monthly salary that the owner could expect to earn if he worked for someone else.
• B) the wages and salaries of employee who could be working in another division.
• C) an expected return on the capital invested in the firm if it were available to be invested elsewhere.
• D) estimated rental income that the firm's owners could have earned on manufacturing equipment by leasing it to another business.
• E) estimated rental income that the firm's owners could have earned on the building by leasing it to another business.

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Definitions:

F-ratio

A ratio used in ANOVA tests to determine whether the variances between means are significantly different.

T-test

A statistical test used to compare the means of two groups to determine if there is a significant difference between them.

Null Hypothesis

The default assumption that there is no significant difference or effect, serving as the claim that the study seeks to test or refute.

F-ratio

A statistical measure used in the analysis of variance (ANOVA) to compare the variance between groups with the variance within groups.