Table 22 -Refer to 2

question 196

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 choosing option C when you really wanted option B?

• A) $100
• B) $25 in terms of C.
• C) $50 in terms in terms of B
• D) the total value of all the options taken together
• E) the value of none of options if B were chosen

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Definitions:

Conflict Perspective

A theoretical framework in sociology that views social life as a competition for limited resources, emphasizing the conflicts between differing social classes and groups.

Reproduce Inequality

The perpetuation and maintenance of unequal social structures and relationships across generations, often through institutional practices and cultural norms.

Unequal Funding

The disparity or imbalance in financial resources allocated to different institutions, organizations, or sectors, often leading to inequalities in quality and outcomes.

Self-Fulfilling Prophecy

A belief or prediction that, by being spoken or thought of, influences events to unfold in a way that confirms the belief or prediction.