Which of the Following Statements Is FALSE About Opportunity Cost

question 147

Multiple Choice

Which of the following statements is FALSE about opportunity cost?

• A)Cost is always foregone opportunity.
• B)Opportunity cost is the next best alternative.
• C)John wants a burger and fries. The concept of opportunity cost applies even though he has enough funds to buy both.
• D)Opportunity cost exists only for goods with monetary values.

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Definitions:

Hydrogen Bonds

Weak bonds between partially positively charged hydrogen atoms and other partially negatively charged atoms, significant in the structure of water and biological molecules.

Transpiration

The pathway that water takes, moving from the roots to microscopic pores located on the leaf undersides, where it vaporizes and escapes into the surrounding air.

Mycorrhiza

Mutually beneficial partnership between a fungus and a plant root.

Mutual Beneficial Association

A relationship between two or more organisms where all parties involved gain benefits, often seen in symbiotic relationships.