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:

Course

A series of lessons or lectures on a particular subject, typically part of a larger educational curriculum.

Ernst & Young

A multinational professional services network specializing in auditing, consulting, tax, and advisory services.

Chobani

A US-based company known for producing yogurt and other dairy and plant-based products.

Hamdi Ulukaya

Founder of Chobani, a popular yogurt company, known for his innovative business practices and philanthropy.