The most desired goods or services that are given up when a choice is made are called the
A) Rationing device.
B) Economic profit.
C) Opportunity cost.
D) Utility cost.
Correct Answer:
Verified
Q2: The goal of the business firms in
Q3: According to the law of demand,a demand
Q4: A factor market is any place or
Q5: Which of the following is purchased in
Q6: Individual consumers supply _ and purchase _.
A)factors
Q7: Ceteris paribus,which of the following is most
Q8: People benefit by participating in the market
Q9: According to the law of demand,during a
Q10: A lower quantity demanded of a good
Q11: Which of the following is purchased in
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