The Manager of Paul's Fruit and Vegetable Store Is Considering

question 112

Multiple Choice

The manager of Paul's fruit and vegetable store is considering the purchase of a new seedless watermelon from a wholesale distributor. Since this seedless watermelon costs $4, will sell for $7, and is highly perishable, he only expects to sell between 6 and 9 of them. What is the opportunity loss for purchasing 8 watermelons when the demand is for 9 watermelons?

• A) 0
• B) 3
• C) 4
• D) 6

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Definitions:

Hormone

Chemical messenger, produced in one part of the organism, that controls the activity of other tissues or organs in that organism.

Hypothalamus

A region of the brain that controls many bodily functions, including hunger, thirst, temperature regulation, and the release of many hormones.

Anterior Pituitary

Portion of the pituitary gland that is controlled by the hypothalamus and produces six types of hormones, some of which control other endocrine glands.

Arterial Duct

A blood vessel in a fetus that connects the pulmonary artery to the descending aorta, allowing most of the blood to bypass the fetus's developing lungs.