Table 22 -Refer to 2

question 39

Multiple Choice

Table 2.2
$$\begin{array} { | l | l | l | l | l | l | } \hline \text { Option } & \mathrm { A } & \mathrm { B } & \mathrm { C } & \mathrm { D } & \mathrm { E } \\\hline \text { Amount } & \$ 100 & \$ 50 & \$ 25 & \$ 15 & \$ 0 \\\hline\end{array}$$
-Refer to 2.2. You have $100 to spend and five options to choose from. What is the opportunity cost of option C?

• A) $100
• B) $25 in terms of C
• C) $25 in terms in terms of B
• D) The total value of all the options taken together
• E) The value of the option given up if C were not chosen

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Definitions:

Crystallized Intelligence

The ability to use knowledge that has been acquired through experience.

Metacognition

The ability to think about and understand one’s own cognitive processes and their effects.

Executive Functions

Cognitive processes including planning, problem-solving, and attention control, which are essential for goal-directed behavior.

Big Five

A theory describing human personality as composed of five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.