Which of the Following Best Completes the Definition of Opportunity

question 68

Multiple Choice

Which of the following best completes the definition of opportunity cost? The opportunity cost of choosing any one alternative is the

• A)market cost of the next best alternative.
• B)value of the next best alternative that is given up.
• C)the revenues that would be given up if that alternative is not chosen.
• D)value of all other alternatives combined.
• E)value of resources used to make that alternative available to the market.

Distinguish between biological drives and learned motives.

Identify examples of instinctual behaviors in animals and humans.

Explain the concept and importance of homeostasis in motivation.

Understand the concept of arousal and its impact on motivation.

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Definitions:

Summary Judgment

A legal determination made by a court without a full trial, typically when the facts are not in dispute.

Relief

Assistance or benefit provided to improve a situation or resolve a problem, often legally or financially.

Appellate Court

A court that has the authority to review the decisions of lower courts and change or uphold those decisions.

Summary Judgment

A legal determination by a court that resolves a case without a full trial, typically because there are no disputed facts requiring examination.