Which of the Following Statements Is FALSE

question 104

Multiple Choice

Which of the following statements is FALSE?

• A) Implicit costs are unique to the individual firm.
• B) Explicit costs are easy to measure.
• C) Implicit costs are opportunity costs.
• D) An explicit cost is a nonmonetary opportunity cost.
• E) An implicit cost is nonmonetary.

---

Definitions:

Physical Attraction

The degree of appeal one individual feels physically towards another, influenced by physical features, symmetry, and other traits.

Matching Hypothesis

The idea that individuals are more likely to form and maintain relationships with others who are similar to them in physical attractiveness.

Physical Attractiveness

The extent to which others perceive a person's physical attributes as beautiful or visually appealing.

Obedience

The act of following orders or commands from authority figures, even if it contrasts with personal beliefs or values.