Which of the Following Is an Example of Opportunity Cost

question 192

Multiple Choice

Which of the following is an example of opportunity cost not measured by money cost?

• A)the time spent eating a business lunch at a restaurant 
• B)the time spent preparing a meal eaten at home 
• C)the time spent studying to obtain an "A" in economics 
• D)the time spent repairing a car in one's own garage 
• E)All of the above are correct.

---

Definitions:

Job Migration

What occurs when firms shift jobs from a home country to foreign ones.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Discrimination

The unfair treatment towards various groups of individuals, particularly based on their race, age, or gender.

Organizational Membership

Pertains to the state or condition of being a part of an organization, often involving specific roles, responsibilities, and benefits.