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Which of the Following Would Be Categorized as an Opportunity

question 285

Multiple Choice

Which of the following would be categorized as an opportunity cost?
A.not being able to spend your $10,000 savings if you sink the money in your business
B.the cost of purchasing supplies for your house-cleaning business
C.the cost of purchasing auto insurance for your dry-cleaning delivery business


Definitions:

Withdrawal Reflex

An automatic response of the body moving away from a source of potential harm or discomfort.

Palmar Reflex

An involuntary response seen in infants where the hand closes into a fist when the palm is touched; this reflex typically disappears by 5-6 months of age.

Babinski Reflex

A reflex action in which the big toe moves upward instead of downward when the sole of the foot is stimulated, commonly seen in infants.

Moral Reasoning

The process by which individuals make decisions about what is right or wrong, often influenced by cultural, social, and personal values.

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