Opportunity Cost Is

question 63

Multiple Choice

Opportunity cost is

• A) that which we forgo, or give up, when we make a choice or a decision.
• B) a cost that cannot be avoided, regardless of what is done in the future.
• C) the additional cost of producing an additional unit of output.
• D) the additional cost of buying an additional unit of a product.

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Definitions:

Kinetic Depth Effect

A visual phenomenon where the motion of an object reveals its three-dimensional structure.

Motion Parallax

A depth cue in which objects closer move faster across the visual field than objects that are further away, creating a sense of depth.

Movement Illusion

An optical illusion where a static image appears to be moving due to the cognitive effects of interacting color contrasts and shape position.

Texture Gradient

A visual cue used to convey depth in an image, suggesting that an object's texture becomes denser and finer as distance increases.