The Manager of Paul's Fruit and Vegetable Store Is Considering

question 100

Multiple Choice

The manager of Paul's fruit and vegetable store is considering the purchase of a new seedless watermelon from a wholesale distributor. Since this seedless watermelon costs $4, will sell for $7, and is highly perishable, he only expects to sell between six and nine of them. What is the opportunity loss for purchasing six watermelons when the demand is for six watermelons?

• A) 0
• B) 3
• C) 4
• D) 6

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Definitions:

Psychogenic

Originating in the mind or caused by psychological factors.

Abnormal Functioning

Patterns of behavior, thought, or emotion considered to deviate significantly from what is typically observed or expected.

Psychological

Pertains to the mind and emotions, often relating to mental processes and wellbeing.

Insurance Parity Laws

Regulations that require insurance companies to provide the same level of coverage for mental health treatment as they do for medical or surgical treatments.