Mark Is an Engineer Who Has Designed a Telecommunications Device

question 72

Multiple Choice

Mark is an engineer who has designed a telecommunications device. He is convinced that there is a big potential market for the device. Accordingly, he has decided to quit his present job and start a company to manufacture and market the device.Mark purchased a machine two years ago to make experimental boards. The machine will be used to manufacture the new board. The cost of this machine is:

• A) an opportunity cost
• B) a sunk cost
• C) a differential cost
• D) a period cost

Comprehend the significance of pre-reading and analyzing context in summarizing a document or speech.

Learn the importance of establishing credibility and professionalism through the accurate documentation of research sources.

Explore the purposes of using specific notation, such as square brackets and ellipsis, in academic writing.

Identify specific fields in which APA style is used and understand the correct format for in-text citations within these fields.

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Definitions:

Functionalism

A theory in psychology that emphasizes the importance of how mental and behavioral processes function to enable individuals and species to adapt to their environments.

Human Mind

The totality of conscious and unconscious mental processes and activities in a human being.

Behaviorists

Behaviorists focus on the study of observable and measurable behaviors, emphasizing the role of environmental factors in shaping behavior.

Environment Influence

The impact that surroundings, including physical, social, and cultural environments, have on living organisms and their development.