Which of the following does not illustrate opportunity cost?
A) If I study, I must give up going to the football game.
B) If I buy a computer, I must do without a 35" television.
C) If I spend more on clothes, I must spend less on food.
D) All of these illustrate opportunity cost.
Correct Answer:
Verified
Q2: A good or service that is forgone
Q3: Which of the following sayings best reflects
Q3: The highest valued alternative that must be
Q4: The opportunity cost of an economic decision
Q9: Which of the following correctly lists the
Q10: Because of the problem of scarcity, each
Q11: Opportunity cost:
A) represents the best alternative sacrificed
Q14: Which fundamental economic question is most closely
Q16: The opportunity cost to a city for
Q17: The opportunity cost of watching television is:
A)
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