Opportunity cost is
A) the marginal benefit from an activity.
B) your value of leisure.
C) the money you spend on food, shelter, and clothing.
D) the value of your favourite activity.
E) the highest- valued alternative that we give up to get something.
Correct Answer:
Verified
Q75: You have the choice of going on
Q76: A university decides to change its late
Q77: Sally has to decide whether to study
Q78: When the government of Alberta chooses to
Q79: Complete the following sentence.Marginal cost is
A)the opportunity
Q81: Chanel has the option of purchasing one
Q82: Which of the following is an example
Q83: An economic model is tested by
A)examining the
Q84: Which of the following creates an incentive
Q85: "The rich should face higher income tax
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents