Multiple Choice
Economists measure opportunity cost
A) as the sum of all forgone opportunities.
B) only when it is on the margin.
C) as equal to the sum of all the sunk costs.
D) as the best thing given up.
E) as the same as marginal benefit.
Correct Answer:
Verified
Related Questions
Q100: A linear relationship
A)can be a positive or
Q101: Which of the following BEST describes macroeconomics?
A)It
Q102: Scarcity results from the fact that
A)we cannot
