The most desired goods and services that are given up in order to get more of another good are the
A) Average total cost.
B) Variable cost.
C) Marginal cost.
D) Opportunity cost.

Question

Quizplus · Accepted Answer

Opportunity cost is the cost of choosing one option over another, and it involves giving up the next best alternative. Therefore, the most desired goods and services that are given up in order to get more of another good are the opportunity cost.

The Most Desired Goods and Services That Are Given Up