Table 22 -Refer to 2

question 39

Multiple Choice

Table 2.2
$$\begin{array} { | l | l | l | l | l | l | } \hline \text { Option } & \mathrm { A } & \mathrm { B } & \mathrm { C } & \mathrm { D } & \mathrm { E } \\\hline \text { Amount } & \$ 100 & \$ 50 & \$ 25 & \$ 15 & \$ 0 \\\hline\end{array}$$
-Refer to 2.2. You have $100 to spend and five options to choose from. What is the opportunity cost of option C?

• A) $100
• B) $25 in terms of C
• C) $25 in terms in terms of B
• D) The total value of all the options taken together
• E) The value of the option given up if C were not chosen

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Definitions:

Continental Crust

The thick part of the Earth's crust that forms the continents, characterized by a composition that is different from oceanic crust.

Rocks

Solid mineral material forming part of the surface of the earth and other similar planets, exposed on the surface or underlying the soil or oceans.

Wooden Pillar

A structural element made of wood, serving as a support in buildings, bridges, or other structures.

Stone Weight

A unit of weight commonly used in some countries, equivalent to 14 pounds or about 6.35 kilograms.