The opportunity cost of a one-unit increase in an activity
A)decreases as you do more of it.
B)is measured by what the person is willing to give up to get one more unit of the activity.
C)is greater than the marginal benefit.
D)is called rational cost.
E)is called marginal cost.

Question

Quizplus · Accepted Answer

The Answer of The opportunity cost of a one-unit increase in an activity
A)decreases as you do more of it.
B)is measured by what the person is willing to give up to get one more unit of the activity.
C)is greater than the marginal benefit.
D)is called rational cost.
E)is called marginal cost.

The Opportunity Cost of a One-Unit Increase in an Activity