Paula Has the Following Information to Evaluate-Her Current Salary of $59,000

question 28

Multiple Choice

Paula has the following information to evaluate-her current salary of $59,000 versus total revenues of $170,000 and expenses of $76,000 from starting a new business. How much is the opportunity cost associated with starting the new business?

• A)$59,000
• B)$170,000
• C)$94,000
• D)$76,000

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Definitions:

Social Respect

The regard and consideration shown by individuals or societies toward others based on perceived value or status.

Attitude-improving Feedback

Constructive feedback aimed at encouraging positive changes in someone's behavior or outlook.

Judgments

The cognitive processes of forming opinions or conclusions based on information and reasoning.

Pessimism

A tendency to focus on the negative aspects of life or to expect the worst possible outcome in any given situation.