Select the Appropriate Definition for Each of the Items Listed

question 34

Multiple Choice

Select the appropriate definition for each of the items listed below.
-A benefit given up when one alternative is chosen over another

• A)period cost
• B)direct cost
• C)opportunity cost
• D)variable cost
• E)indirect cost
• F)fixed cost
• G)product cost

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Definitions:

Majority Ethnic Group

The ethnic group in a given society or country that makes up the largest percentage of the population, often holding significant cultural, economic, or political influence.

Han

The majority ethnic group of China, constituting over 90% of its population.

Surplus Of Women

A demographic situation where the number of women in a population exceeds the number of men, often with social and economic implications.