The Benefit Foregone by Not Choosing an Alternative Course of Action

question 123

Multiple Choice

The benefit foregone by not choosing an alternative course of action is referred to as a(n) :

• A)opportunity cost.
• B)sunk cost.
• C)variable cost.
• D)incremental cost

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Definitions:

Stramenopiles

Protists that have motile cells with two flagella, one of which has tiny hairlike projections off the shaft; include water molds, diatoms, golden algae, and brown algae. See chromalveolates; compare with alveolates.

Evolutionary History

A branch of biology that focuses on the origins, changes, and relationships among organisms over time.

Possessed Mitochondria

Refers to cells that contain mitochondria, the powerhouse organelles responsible for energy production.

Crystalline Rod

A solid material structured in a way that its atoms are arranged in a highly ordered, repeating pattern extending in all three spatial dimensions.