Which of the Following Is NOT an Example of an Opportunity

question 452

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) 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.
• C) Because David used all of his vacation time to paint his house, he was unable to visit the Caribbean last year.
• 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:

Trial and Error

Trial and error is a fundamental method of solving problems characterized by repeated, varied attempts which are continued until success, or until the agent stops trying.

Unlearned

Pertaining to behaviors or reactions that are innate and not acquired through learning or experience.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, emphasizing the impact of consequences on future behavior.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.