Mary Is Considering Leaving Her Current Position to Open an Ice

question 137

Multiple Choice

Mary is considering leaving her current position to open an ice cream shop.Mary's current salary is $77,000.Annual ice cream shop revenue and costs are estimated at $260,000 and $210,000, respectively._____ is the opportunity cost of remaining employed.

• A)$77,000
• B)$210,000
• C)$287,000
• D)$50,000

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Definitions:

Social Group

A collection of individuals bound together by common social identification and interaction.

Social Construction

The theory that many aspects of society, including knowledge, identities, and realities, are created through collective human agreement and interpretation.

Objective Reality

The state or quality of being true and existing outside of an individual's feelings, thoughts, or biases.

Collective Consciousness

The body of beliefs that are common to a community or society and that give people a sense of belonging.