
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 15
Opportunity cost is the
A) purchase price of a good or service.
B) value of leisure time plus out-of-pocket costs.
C) best option given up as a result of choosing an alternative.
D) undesirable sacrifice required to purchase a good.
A) purchase price of a good or service.
B) value of leisure time plus out-of-pocket costs.
C) best option given up as a result of choosing an alternative.
D) undesirable sacrifice required to purchase a good.
Explanation
Opportunity costs are calculated by the ...
Economics for Today 9th Edition by Irvin Tucker
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