If the Total Cost of Alternative a Is $50,000 and the Total

question 56

Multiple Choice

If the total cost of alternative A is $50,000 and the total cost of alternative B is $34,000, then $16,000 is termed the:

• A) opportunity cost.
• B) average cost.
• C) sunk cost.
• D) out-of-pocket cost.
• E) differential cost.

---

Definitions:

Developmental Disorders

Conditions that impair personal, social, academic, or occupational functioning, emerging in the developmental phase of a person's life.

Public Subsidy

Financial assistance given by the government to organizations, industries, or individuals, often to support services that are considered beneficial for the public.

Tuition Payment

The act of paying for instruction, especially at a school or university.

Nonpublic School

A learning establishment that functions autonomously from the public education system, typically financed by tuition fees, personal donations, or faith-based groups.