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.

---

Definitions:

Social Facilitation

The tendency for people to perform differently, typically better, when in the presence of others than when alone.

Hierarchy Of Needs

A theory in psychology proposed by Abraham Maslow suggesting that people are motivated by five basic categories of needs: physiological, safety, love, esteem, and self-actualization, in ascending order of importance.

Appetite Hormones

Biochemical substances produced in the body that regulate hunger, satiety, and food intake.

Hypothalamic Activity

Functions and regulatory processes carried out by the hypothalamus, a region of the brain controlling body temperature, hunger, and thirst.