Which of the Following Is an Example of Opportunity Cost

question 25

Multiple Choice

Which of the following is an example of opportunity cost?

• A)The Chinese food that you gave up when you chose to eat Italian food.
• B)The tuition that you pay to attend college.
• C)For a professor of economics,the pleasure that he or she derives from teaching economics.
• D)Sweets given up by a person who would never eat them even if he or she could.
• E)The price paid for a ticket when you go to the movies.

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Definitions:

Friction

The resistance that one surface or object encounters when moving over another, often generating heat.

Immobilize

To restrict the movement of a part of the body or an object, often to prevent further injury or to allow healing.

Action

The process of doing something, typically to achieve an aim or to deal with a problem.

RICE

Abbreviation for rest, ice, compression, elevation, referring to the treatment for sprains and strains.