Use De Morgan's Laws to Write the Negation of the Statement

question 212

Multiple Choice

Use De Morgan's laws to write the negation of the statement.
-A day late and a dollar short.

• A)A day late or not a dollar short.
• B)Not a day late or not a dollar short.
• C)Not a day late and a dollar short.
• D)Not a day late and not a dollar short.

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Definitions:

Explicit Costs

Money paid out to different parties during the operation of a business, covering expenses like employee salaries, leasing costs, and material purchases.

Opportunity Costs

The value of the next best alternative forgone as a result of making a particular choice.

Production

The process of creating goods or services by combining various elements such as labor, technology, and raw materials.

Implicit Cost

The opportunity cost equal to what a firm must give up in order to use resources that it already owns without paying for them explicitly.