The Benefit Foregone by Choosing a Particular Alternative Course of Action

question 136

Multiple Choice

The benefit foregone by choosing a particular alternative course of action is referred to as a(n)

• A)sunk cost.
• B)opportunity cost.
• C)variable cost.
• D)incremental cost.

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Definitions:

Persuade

Persuading an individual to take action or hold a belief by using arguments or reasoning.

Operational Definition

A clear and precise statement of how a variable is measured or manipulated within a particular study.

Dream

A series of thoughts, images, and sensations occurring in a person’s mind during sleep.

EEG Pattern

The recorded electrical activity of the brain measured by electrodes placed on the scalp.