Jamie Has Enough Money to Buy Either a Mountain Dew,or

question 127

Multiple Choice

Jamie has enough money to buy either a Mountain Dew,or a Pepsi,or a bag of chips.He chooses to buy the Mountain Dew.The opportunity cost of the Mountain Dew is

• A) the Pepsi and the bag of chips.
• B) the Pepsi or the bag of chips, whichever the highest-valued alternative forgone.
• C) the Mountain Dew.
• D) the Pepsi because it is a drink, as is the Mountain Dew.
• E) zero because he enjoys the Mountain Dew.

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Definitions:

Unethical Behavior

Actions that are dishonest, immoral, or does not adhere to accepted social and professional standards.

Organizational Structure

The system that outlines how certain activities are directed in order to achieve the goals of an organization, including rules, roles, and responsibilities.

Top Management

The highest level of administration and decision-making authority in an organization.

Shareholders

People or organizations that hold stock in a corporation, thereby making them co-owners of the business.