If Instead of Working on His Own as a Consultant

question 32

Multiple Choice

If instead of working on his own as a consultant making $25,000, Joe takes a job at a bank, the $25,000 is

• A) an opportunity cost.
• B) a depreciation.
• C) a loss.
• D) an accounting profit.

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Definitions:

Negative Publicity

Adverse or unfavorable media attention, which can significantly affect a company's or product's reputation.

Demonstration

A presentation or exhibition of how a product or service works, often used as a sales tool to illustrate its benefits.

Solid-state Design

Refers to electronic systems or devices made from solid materials, without moving parts, utilizing semiconductors like transistors for operation.