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Author Question: That which we forgo, or give up, when we make a choice or decision is called (Read 91 times)

Engineer

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  • Posts: 527
on: Apr 19, 2019

Question 1

You own the video game
 Grand Theft Auto V. The opportunity cost of playing this game for the second time


◦ is zero.
◦ is one-half the cost of the game, as this is the second time you have played it.
◦ is the value of the alternative use of the time you spend playing the game.
◦ cannot be calculated.

Question 2

That which we forgo, or give up, when we make a choice or decision is called


◦ out-of-pocket cost.
◦ marginal cost.
◦ real cost.
◦ opportunity cost.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Engineer on Apr 19, 2019

xMRAZ

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Engineer

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

Chelseyj.hasty

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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