If You Look at a Folded Index Card Though a Pinhole

question 17

Multiple Choice

 If you look at a folded index card though a pinhole, you see the border as a(n) _____ because the card looks _____.

• A) illumination edge; flat
• B) illumination edge; 3-D
• C) reflectance edge; flat
• D) reflectance edge; 3-D

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Definitions:

Sunk Cost

A cost that has already been incurred and cannot be recovered.

Differential Cost

The difference in cost between two alternative decisions or scenarios, important in the process of making financial decisions.

Book Value

The net value of a company's assets less its liabilities and preferred stock, often used to estimate the company's worth.

Yearly Expense

The total amount of money spent by a business or individual over the course of a year, including operational, administrative, and living expenses.