Figure 3-3 Ice Cream and Cones Are Measured in Kilograms

question 21

Multiple Choice

Figure 3-3
Ice cream and cones are measured in kilograms.
-Refer to Figure 3-3. For Ben, what is the opportunity cost of 1 kg of cones?

• A) 1/4 kg of ice cream
• B) 1/2 kg of ice cream
• C) 2 kg of ice cream
• D) 4 kg of ice cream

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Definitions:

BATNA

Best Alternative To a Negotiated Agreement (BATNA) is the course of action that will be taken by a party engaged in negotiation if the current negotiations fail and no agreement can be reached.

Green-Light Zone

refers to areas or circumstances in which ideas, actions, or initiatives are encouraged, supported, or approved.

Anticipatory Changes

Refers to adjustments or preparations made in anticipation of future events or situations to mitigate risks or leverage opportunities.

Third Alternative

A creative solution in problem-solving that goes beyond the initial options, seeking a win-win situation.