What Is the Opportunity Cost of an Action Equal To

question 16

Multiple Choice

What is the opportunity cost of an action equal to?

• A) the highest valued alternative sacrificed as a result of the action
• B) the sum of the benefits received as a result of the action
• C) the monetary benefit received as a result of the action
• D) the value of any alternative use of the time expended on the action

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Definitions:

Ammonia Molecule

A compound composed of one nitrogen atom and three hydrogen atoms (NH3), notable for its sharp odor.

Valence Shell Electron Pair Repulsion

This theory predicts the geometry of individual molecules from the number of electron pairs surrounding their central atoms.

Hydrogen Sulfide Molecule

A chemical compound with the formula H2S, characterized by a foul odor of rotten eggs; it is a poisonous, corrosive, and flammable gas.

Electronegativity Difference

The measure of the tendency of an atom to attract a bonding pair of electrons towards itself, used to predict the nature of chemical bonds.