If a Company Does Not Use One of Its Limited

question 65

Multiple Choice

If a company does not use one of its limited resources in the best possible way, the lost contribution to income could be called a(n) ________.

• A) business function cost
• B) carrying cost
• C) opportunity cost
• D) sunk cost

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Definitions:

Labor Force Growth

The increase in the number of individuals who are able and willing to work in a particular economy over time.

Legal Immigration

The process by which individuals from other countries move to a new country to reside permanently in accordance with its laws.

Economic Effects

The broad impact of financial activities and policies on a country's economy, including factors like growth, employment, and inflation.

Immigration

The process by which individuals move into a country of which they are not natives or where they do not possess citizenship, in order to settle or reside there.