You Have the Option of Consuming One Can of Soda

question 54

Multiple Choice

You have the option of consuming one can of soda or two cookies or three oranges. You picked the can of soda. Therefore the opportunity cost of this can of soda is

• A) the price of the can of soda.
• B) the difference in the prices of these three products.
• C) the price of the cookies as they are not usually consumed with soda.
• D) either the cookies or the oranges, whichever you like more.

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Definitions:

Mismatch

A situation or condition where there is a lack of alignment or compatibility.

Infant Attachment

The deep emotional bond that develops between an infant and their primary caregiver, influencing the child's social, emotional, and cognitive development.

Primary Caregiver

The main individual responsible for providing day-to-day care and emotional support to a dependent, often referred to in contexts of child care, elder care, or health care.

Unfamiliar Presence

The perception or occurrence of something or someone new or unknown within a familiar setting or context, often invoking curiosity or apprehension.