COGNITIVE ASSESSMENT Which of the Following Are You Most Likely

question 93

Multiple Choice

COGNITIVE ASSESSMENT Which of the following are you most likely to find on your next trip to an amusement park?

• A) ticket kiosk
• B) cloud kiosk
• C) financial kiosk
• D) virtual kiosk

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Definitions:

Explicit Cost

Direct, out-of-pocket payments for goods or services used in the production of a product or offering of a service.

Sole Proprietor

An individual who owns and operates a business alone, bearing all the responsibilities and benefits of the business.

Short Run

A timeline in economics where at least one factor of production is fixed, constraining the ability to adjust to changing economic conditions.

Long Run

In economics, a period of time in which all factors of production and costs are variable and can be adjusted.