Truman University Is Thinking of Opening an Evening College

question 3

Multiple Choice

Truman University is thinking of opening an evening college. In figuring the cost of such a project, a figure is provided for lighting of parking lots. It is pointed out by the university's finance officer that a city ordinance requires that the parking lots be lighted whether there is an evening college in session or not. Lighting expenses in this case are:

• A)opportunity costs.
• B)alternative costs.
• C)variable costs.
• D)side effects.
• E)sunk costs.

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Definitions:

Distance Runner

An athlete who specializes in long-distance races, typically anything from 3,000 meters to marathons.

Waist

The part of the human body below the ribs and above the hips, often measured to assess obesity or body fat distribution.

Hips

The region on each side of the pelvis, where the thigh bone (femur) joins the pelvis.

Muscle Dysmorphia

A psychological disorder characterized by a distorted body image and an obsessive belief that one's body is too small or inadequately muscular.