Which of the Following Is True If the Opportunity Cost

question 34

Multiple Choice

Which of the following is true if the opportunity cost of producing a particular good is less than its accounting profit?

• A)Economic profit is zero.
• B)Economic profit is negative.
• C)Economic profit is positive.
• D)Economic profit cannot be determined.

Appreciate the significance of genetic variability and genetic mechanisms in speciation.

Understand the classification system and species concept in the context of speciation and evolutionary biology.

Understand the basic components and layout managers in Java Swing.

Distinguish between composition and inheritance and their respective relationships in object-oriented programming.

---

Definitions:

Employee Volunteerism

The act of employees volunteering their time and skills for community service projects or charitable causes, often supported or encouraged by their employer.

Variable Interval

In the context of behavioral psychology, a schedule of reinforcement where rewards are given after an unpredictable amount of time has passed, resulting in consistent behavior over time.

Vicarious Learning

The process of learning by observing the actions, consequences, and behaviors of others, without direct experience.

Empowerment

The process of giving people more control over their work or the power to make decisions affecting their life and work.