Five Months Ago Wilson Opened Up a Health Club

question 210

Multiple Choice

Five months ago Wilson opened up a health club. Which of the following is an implicit cost related to the health club?

• A)Wilson paid $120 for an outside laundry service to clean the towels used at the club.
• B)Wilson paid $100 for the pest control exterminator to spray the health club.
• C)Wilson previously worked as an accountant, earning $3,000 a month.
• D)Wilson usually eats four hamburgers a day, priced at $3 each.

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Definitions:

Mental Abilities

Intellectual skills and capabilities that include reasoning, problem-solving, and the capacity to understand complex ideas.

Babbling

Describes the early stage of child language development characterized by the production of sounds or syllables that do not form recognizable words.

Schemes

Cognitive frameworks or patterns of action and thought used for processing and organizing information.

Holophrase

A single word used by an infant that expresses a complete idea or sentence.