Table 21 -Refer to Table 2

question 14

Multiple Choice

Table 2.1
$$\begin{array}{l}\text { Table } 2.1\\\begin{array} { | l | l | l | l | l | l | } \hline \text { Item } & \mathrm { A } & \mathrm { B } & \mathrm { C } & \mathrm { D } & \mathrm { E } \\\hline \text { Movie } & \$ 0 & \$ 10 & \$ 20 & \$ 30 & \$ 40 \\\hline \text { Restaurant } & \$ 40 & \$ 30 & \$ 20 & \$ 10 & \$ 0 \\\hline\end{array}\end{array}$$
-Refer to Table 2.1. You can spend $40 on going to the movies or eating at a restaurant, or both. What is the opportunity cost of spending all your money at the restaurant?

• A) $0
• B) $10
• C) $20
• D) $30
• E) $40

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Definitions:

Constructive Action

Positive and intentional actions taken to improve oneself, help others, or contribute positively to a situation or environment.

Psychologically

Relating to, affecting, or arising in the mind; involving the psychological aspects of a person.

Fired

is the termination of employment by an employer, often due to performance issues, misconduct, or organizational changes.

Management Philosophy

The beliefs and values that guide the managerial practices and decision-making process within an organization.