Which of the Following Is the Best Example of Opportunity

question 21

Multiple Choice

Which of the following is the best example of opportunity cost?

• A)a company's expenditures on a training program for its employees
• B)the rate of return on a company's investment
• C)the amount of money that a company can earn by depositing excess funds in a money market fund
• D)the profit that a company forgoes when it decides to drop one product line in favor of another one

---

Definitions:

Health-Care Sector

The industry associated with the provision of health services, medical equipment, and pharmaceuticals.

Payroll Tax

A tax levied on the income of employees, used to fund government programs and services.

Medicare

A federal health insurance program in the United States for people aged 65 and older, and for some younger individuals with disabilities.

Medicaid

A government program in the United States providing health care coverage to individuals and families with low income and resources.