Mary Sander's new job is very demanding. She regularly works long hours and on the weekends. As a result, Mary has not had much time for her family and friends. This is an example of
A: deflation.
B: financial opportunity cost.
C: personal opportunity cost.
D: time value of money.
E: inflation.
A: deflation.
B: financial opportunity cost.
C: personal opportunity cost.
D: time value of money.
E: inflation.
举一反三
- The value of a business owner's time is not an example of A: an opportunity cost. B: a fixed cost. C: an explicit cost. D: total revenue.
- The value of a business owner's time is an example of_________. A: a fixed cost B: an opportunity cost C: total revenue D: an explicit cost
- Opportunity cost of an action is A: the best choice that can be made. B: the money cost. C: the absolute cost. D: the comparative cost. E: the highest-valued alternative forgone.
- Money that a firm has already spent, or committed to spend regardless of whether a project is taken, is called a(n) A: fixed cost. B: opportunity cost. C: sunk cost. D: incremental cost.
- Money that the firm has already spent or is committed to spend regardless of whether a project is taken is called a(n) A: sunk cost. B: opportunity cost. C: erosion cost. D: fixed cost.