Andrew Decides to Open a Laboratory in His Basement

question 162

Multiple Choice

Andrew decides to open a laboratory in his basement. He quits his job, sacrificing $30,000 a year; cashes in $200,000 of Canada Savings Bonds that were paying him an interest rate of 5 percent per year; and evicts a tenant who was paying $10,000 a year in rent to live in the basement. The opportunity cost of Andrew's decision is

• A) $40,000.
• B) $50,000.
• C) $0.
• D) $30,000.
• E) $240,000.

---

Definitions:

Data Packets

Units of data made into a single package that travels along network paths to its destination.

Access Point

A hardware device that allows wireless devices to connect to a wired network using Wi-Fi, Bluetooth, or similar standards.

Adapter

A hardware or software component that allows one device or application to connect with and work with another, despite differences in format or standards.

MAN

An acronym for Metropolitan Area Network, a network that spans a physical area larger than a LAN but smaller than a WAN, typically used to connect multiple buildings within the same city.