If You Are Out of Touch for a Specific Time

question 12

Multiple Choice

If you are out of touch for a specific time, letting people know so they won't be disappointed by your lack of response is part of being _____ .

• A) honest
• B) appreciative
• C) empathetic
• D) reliable

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Definitions:

Income

The money received by individuals or entities, typically in the form of wages, salaries, or various types of investments returns.

Opportunity Cost

The forfeiture of possible benefits from other options when a specific choice is made.

Real Cost

The total cost of producing a good or service, considering all resources including time and opportunity costs.

Choice Set

A set of all possible options available for a consumer or a decision-maker in a given context.