An Example of a Personal Opportunity Cost Would Be

question 62

Multiple Choice

An example of a personal opportunity cost would be

• A) Interest lost by using savings to make a purchase.
• B) Higher earnings on savings that must be kept on deposit a minimum of six months.
• C) Lost wages due to continuing as a full-time student.
• D) Time comparing several brands of personal computers.
• E) Having to pay a tax penalty due to not having enough withheld from your monthly salary.

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Definitions:

Exposure Therapy

A therapeutic technique that involves confronting fears directly by gradual exposure to the anxiety-provoking situation or object, under controlled conditions.

EMDR

Eye Movement Desensitization and Reprocessing, a psychotherapy technique effective in treating trauma by using guided eye movements.

Installation

In the context of therapy, it refers to the process of integrating new beliefs or behaviors into the individual's cognitive framework.

Directed Eye Movements

A therapeutic technique, commonly used in EMDR therapy, which employs eye movements to aid in the processing of traumatic memories.