Suppose You Own a Courier Service and You Use Two

question 45

Multiple Choice

Suppose you own a courier service and you use two types of delivery vehicles - Model A,which costs $30 000 to purchase,and Model B,which costs $50 000 to purchase.You have a budget of $300 000 for the purchase of new vehicles.What is the opportunity cost of one Model A vehicle?

• A)0
• B)3/5 ths of a Model B vehicle
• C)5/3rds of Model B vehicle
• D)5 Model B vehicles
• E)3 Model B vehicles

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Definitions:

Stage Fright

Anxiety or fear experienced before or during a public performance or presentation.

Preparing

The act of making ready or being made ready for use or consideration, involving planning and arrangement.

Summarizing

Summarizing involves condensing the main ideas or points of a discussion, document, or presentation into a brief synopsis.

Rehearsing

The act of practicing or going over material, actions, or presentations beforehand to ensure a smooth performance.