If a Firm Buys a Delivery Van for $18,000 and Can

question 59

Multiple Choice

If a firm buys a delivery van for $18,000 and can resell it in 2 years for $7,500,the opportunity cost is

• A) $10,500.
• B) $7,500.
• C) $18,000.
• D) $3,750.

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Definitions:

Sexual Division of Labor

The allocation of different tasks or occupations to individuals based on their gender, often reinforcing traditional gender roles and inequalities.

Social Structure

The complex framework of societal institutions (such as economy, politics, and religion) and the social practices (norms, rules) that make up a society and organize and limit people's actions.

Vectors of Oppression

Dynamic forces that intersect and interact in complex ways to perpetuate inequality and social injustice in society.

Inequalities

Differences in wealth, resources, and power among individuals or groups, often resulting in social disadvantage.