Bill Bonecrusher Graduates from College with a Choice of Playing

question 477

Multiple Choice

Bill Bonecrusher graduates from college with a choice of playing professional football at $2 million a year or coaching for $50,000 a year. He decides to play football, but eight years later, though he could continue to play football at $2 million a year, he quits football to make movies for $3 million a year. His opportunity cost of playing football at graduation was and eight years later the opportunity cost of making movies was _ .

• A) $2 million; $3 million
• B) $50,000; $2 million
• C) $2 million; $2 million
• D) $50,000; $50,000

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Definitions:

Social Communication Model

A framework for understanding how individuals use various methods of communication to maintain social relationships.

Disadvantages

Disadvantages refer to the negative aspects or drawbacks associated with a decision, action, or situation.

Low-context Cultures

Cultures in which communication is direct, messages are explicit, and understanding relies less on contextual cues and more on explicit words.

Written Word

The expression of language in textual form, enabling communication across time and space, distinct from oral or spoken forms.