Which of the Following Quotations Best Captures the Idea of Opportunity

question 183

Multiple Choice

Which of the following quotations best captures the idea of opportunity cost?

• A)"Opportunity knocks but once."
• B)"Every choice involves a sacrifice."
• C)"Let's not ask for the moon; we have the stars."
• D)"Fools rush in where wise men fear to tread."
• E)"All that glitters is not gold."

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Definitions:

Social Status

The position or rank of a person within the societal hierarchy, influenced by factors such as wealth, occupation, education, and family background.

Humanistic Theory

An approach to psychology that emphasizes individual potential for growth and the role of unique perceptions in guiding behavior and mental processes.

Internal Conflict

Psychological struggle within the mind of a person, often involving the competition of multiple desires, needs, or duties.

Self-concept

An individual's understanding and assessment of their own abilities, personality, and value.