You Own a Building That Has Four Possible Uses: a Cafe

question 239

Multiple Choice

You own a building that has four possible uses: a cafe, a craft store, a hardware store, and a bookstore. The value of the building in each use is $2,000; $3,000; $4,000; and $5,000, respectively. You decide to open a hardware store. The opportunity cost of using this building for a hardware store is

• A) $2,000, the value if the building is used as a cafe.
• B) $3,000, the value if the building is used as a craft store.
• C) $10,000, the sum of the values if the building is used for a cafe, a craft store, or a bookstore.
• D) $5,000, the value if you rented the building to someone else to use as a bookstore.

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Definitions:

Foley Catheters

A type of catheter inserted into the bladder to drain urine, often used during surgery or for patients who cannot urinate independently.

Retention

The ability to keep or hold onto something, such as information or materials.

Ureteral

Pertaining to the ureter, the tube that carries urine from the kidney to the bladder.

Concentrations

The measure of the amount of a given substance in a specific volume of solution, often expressed in terms of mass per unit volume.