Jen Won $900 in a Lottery

question 20

Multiple Choice

Jen won $900 in a lottery. She has a choice between using the money to buy a sofa, a television, or going on a vacation. If she chooses to buy a television, the opportunity cost of this decision is

• A) zero because she won the money.
• B) the sofa if that was her second choice.
• C) the sofa and the vacation trip.
• D) the sofa, the vacation trip, and $900.

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Definitions:

Passivity

A behavior characteristic where an individual tends to accept or allow what happens without active response or resistance.

Social Skills

The abilities utilized to communicate, interact, and form relationships with others effectively.

Self-Esteem

A person's personal assessment of their own value or importance.

Neat

Typically refers to something that is clean, tidy, or orderly in appearance or arrangement.