Misty Has the Option of Purchasing One of Three Products

question 210

Multiple Choice

Misty has the option of purchasing one of three products: Brand A, Brand B, or Brand C. Each costs ten dollars. If she decides that Brand A meets her needs best, then the opportunity cost of this decision is

• A) Brand B plus Brand C.
• B) twenty dollars.
• C) Brand A.
• D) Brand B or Brand C, depending on which is considered the highest-value alternative forgone.

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Definitions:

Paying Attention

The act of concentrating or focusing one's mental energies on a specific object, task, or subject.

Present Moment

The current point in time, emphasizing focus and mindfulness on the immediate situation or experience without distraction.

Quiet The Mind

Refers to practices or techniques aimed at reducing mental chatter or noise, typically to achieve greater peace, focus, or mindfulness.

Heighten Awareness

Increasing one's perception and cognitive attention towards both internal and external environments.