Which of the Following Would Be Categorized as an Implicit

question 226

Multiple Choice

Which of the following would be categorized as an implicit cost?
a. not being able to spend your $10,000 savings if you sink the money in your business
b. the cost of purchasing supplies for your house-cleaning business
c. the cost of purchasing auto insurance for your dry-cleaning delivery business

• A) a only
• B) a and c only
• C) b and c only
• D) all of the above

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Definitions:

Anorexia

A mental health condition where the individual experiences dangerously low body weight, an intense aversion to gaining weight, and a false perception of their body's weight or shape.

Hypokalemia

A condition characterized by lower than normal levels of potassium in the bloodstream.

Multidimensional

Having several identifiable dimensions, aspects, or factors that contribute to a particular outcome or phenomenon.

Sociocultural

Relates to the combination of social and cultural factors and how they impact behaviors, practices, and thoughts.