Which of the Following Is NOT an Example of an Opportunity

question 270

Multiple Choice

Which of the following is NOT an example of an opportunity cost?

• A) Because Mary is now being paid a higher wage, she can afford to buy a new car even though she is moving into a bigger apartment.
• B) Because David used all of his vacation time to paint his house, he was unable to visit the Caribbean last year.
• C) By choosing to attend college, Jean was not able to continue working as an electrician; as a result, she gave up more than $85,000 in earnings while she was in college.
• D) By spending Thursday night studying for an economics exam, a student was unable to complete a homework assignment for calculus class.

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Definitions:

Merger

The combination of two or more companies into a single entity, often to achieve synergy and enhance competitiveness.

Corporate Statements

Corporate statements are official documents or declarations issued by a company that communicate information on its activities, financial performance, and strategies.

Takeover Disadvantages

Potential negative impacts of a corporate takeover, such as job losses, cultural clashes, and increased debt.

Corporate Funds

Money or assets owned by a corporation, used in the operation of the business or for the benefit of its shareholders.