The Opportunity Cost to a Firm of Using an Asset

question 86

Multiple Choice

The opportunity cost to a firm of using an asset is zero if

• A)the asset has zero sunk costs associated with it.
• B)the asset is already owned by the firm.
• C)the asset has no alternative uses.
• D)the asset was given to the firm for free.
• E)no money was spent to acquire the asset.

Understand the basic concepts of motivation and its various types including extrinsic and intrinsic motivation.

Comprehend Maslow's hierarchy of needs and its application to human behavior.

Recognize the physiological and psychological mechanisms regulating hunger, thirst, and body weight.

Identify the different phases of the sexual response cycle and the roles of hormones in sexual behavior.

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Definitions:

Baring Teeth

An expression or gesture in which the lips pull back to expose the teeth, often as a sign of aggression or warning in animals and humans.

Anger

An emotional state characterized by feelings of displeasure or antagonism towards someone or something perceived as a threat or wrong.

Survival

The act or process of living or continuing to exist, especially under adverse or challenging circumstances.

Facial Feedback Effect

The theory that suggests the movement and expressions of the facial muscles can influence emotional experiences.