The total economic cost of producing a good or service is called the
A) comparative value of construction.
B) social consequence of resources.
C) marginal valuation of output.
D) opportunity cost of production.
Correct Answer:
Verified
Q270: In which statement(s) is "supply" used correctly?
Q271: Which of the following would most likely
Q272: Which of the following will lead to
Q273: If a major hurricane were to destroy
Q274: The opportunity cost of production differs from
Q276: Which of the following would increase the
Q277: A decrease in the price of leather
Q278: Which of the following would reduce the
Q279: What impact would a severe drought that
Q280: In the orange market, what impact would
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