Opportunity Costs Is Defined as ________

question 80

Multiple Choice

Opportunity costs is defined as ________.

• A) the cost of manufacturing a one-time-only special order when a firm has excess capacity to make more products
• B) the contribution to operating income that is forgone by not using a limited resource in its next-best alternative use
• C) the sum of variable and fixed costs in a particular business function of the value chain, such as manufacturing costs or marketing costs
• D) the sum of variable and fixed costs in all business functions of the value chain, such as manufacturing costs or marketing costs

---

Definitions:

New Neurons

Refers to neurons that are newly formed, especially in the adult brain, through a process called neurogenesis.

Motor Map

A representation within the brain, particularly within the motor cortices, that reflects the organization of motor control and input over various body parts.

Phantom Limb

The sensation that an amputated or missing limb is still attached to the body and is moving appropriately with other body parts.

Workplace Injury

An injury or illness that occurs in relation to an employee's job, often subject to regulations and compensation laws.