The Divergence Between Money Costs and Opportunity Costs Will Be

question 204

Multiple Choice

The divergence between money costs and opportunity costs will be greatest in which of the following situations?

• A)A university purchases 100 computers.
• B)A university employs people from town in the commissary (people prefer this job to working in the paper factory).
• C)A university employs otherwise unemployed teenagers to paint crosswalks and curbs.
• D)A university replaces the roof of the fine arts building.

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Definitions:

Significant Sums

Large amounts of money that are considerable in quantity or effect.

Enforceable

Capable of being imposed or executed as per legal guidelines or by authority.

Writing

The action or skill of marking coherent words on paper and composing text.

Commercial Contracts

Legally binding agreements between two or more parties for the provision of goods, services, or both in a commercial setting.