An Ice Cream Cone Costs $1

question 85

Multiple Choice

An ice cream cone costs $1.50. A can of soda costs $0.75. The relative price of an ice cream cone is

• A) 1/2 can of soda per ice cream cone, the opportunity cost of an ice cream cone.
• B) $1.50, the opportunity cost of a can of soda.
• C) 2 cans of soda per soda, the opportunity cost of an ice cream cone.
• D) $0.75, the opportunity cost of a can of soda.

Comprehend the relationship between ethical business practices, profitability, and social responsibility.

Understand the impact of whistleblowing in enforcing corporate accountability.

Analyze the role of global corporations in adopting and integrating home-country and host-country standards.

Comprehend the concept of stakeholder audit and its scope beyond financial stakeholders.

---

Definitions:

Energy

The quantitative property that must be transferred to an object in order to perform work on, or to heat, the object; can be kinetic, potential, thermal, electrical, chemical, nuclear, or other various forms.

Information

Data that is processed and organized in a way that it can be used to enhance understanding and decision-making.

Ecological Term

In social work, it pertains to an approach that considers individuals within the context of their environment and the complex interactions between them.

Dynamic Interactions

Interactions characterized by continuous change, activity, or progress within a group or system, affecting each other's behaviors and attitudes.