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What buoyant force is exerted by water on a 0.60-kg solid gold crown when it is immersed in water? The density of gold is 19.3 × 103 kg/m3 and that of water is 1000 kg/m3.
Opportunity Cost
Foregoing the prospective advantages from various other alternatives by making a single selection.
Opportunity Cost
The expense related to overlooking the next in line preferable option in the course of decision-making.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision, effectively representing the benefits you miss out on choosing one option over another.
Inefficient Outcome
A result or situation in which resources are not utilized in the best possible manner, leading to potential wastage or loss.
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