The Opportunity Cost of a Resource Should Be Considered in Project

question 68

Multiple Choice

The opportunity cost of a resource should be considered in project analysis, unless:

• A) negative cash flows result from its use.
• B) the resource was purchased in a prior time period.
• C) the resource has been fully depreciated.
• D)the resource has no identifiable market value.

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Definitions:

Younger Generation

Refers to the current cohort of individuals who are at a relatively early stage of life, often characterized by their adaptability to technology and progressive views.

Equity Sensitivity

An individual’s preference for fairness and equity in their interactions and distributions of resources with others.

Primary Needs

Fundamental human requirements including physiological and safety needs that are essential for survival.

Workforce Entrants

Individuals who are newly entering the job market, either for the first time or after a significant break.