Which of the Following Statements Is False

question 189

Multiple Choice

Which of the following statements is false?

• A)Money must change hands before a cost can be incurred.
• B)No monetary payment takes place when an implicit cost is incurred.
• C)Costs may be either explicit costs or implicit costs.
• D)Cost implies that a sacrifice has been made.

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Definitions:

Omission

The act of leaving out or excluding something, either intentionally or unintentionally.

Emotional Reactions

The affective responses individuals have to stimuli, situations, or interactions, which can influence their attitudes and behaviors.

Distant Relationship

A relationship characterized by physical distance between parties, limited communication, or a lack of close emotional connection, impacting interaction dynamics.

Unacceptable Behavior

Actions or conduct deemed inappropriate or unacceptable by societal, professional, or specific group standards.