Suppose You Own a Courier Service and You Use Two

question 74

Multiple Choice

Suppose you own a courier service and you use two types of delivery vehicles - Model A,which costs to purchase,and Model B,which costs $50 000 to purchase.You have a budget of for the purchase of new vehicles.What is the opportunity cost of one Model B vehicle?

• A)0
• B)3/5 of a Model A vehicle
• C)5/3 of a Model A vehicle
• D)5 Model A vehicles
• E)3 Model A vehicles

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Definitions:

Social Exchange Theory

A theoretical framework suggesting that social behavior is the result of an exchange process aiming to maximize benefits and minimize costs in relationships.

Altruism

The selfless concern for the well-being of others, often leading to acts of kindness without expectation of reward.

Companionate Love

A type of love marked by profound attachment, companionship, and emotional closeness, commonly observed in enduring relationships.

Positive Support

Encouragement or assistance provided in a positive manner to promote the well-being and growth of others.