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Author Question: The term used to emphasize that making choices in the face of scarcity involves a cost is A) ... (Read 145 times)

sjones

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on: Jun 29, 2018
The term used to emphasize that making choices in the face of scarcity involves a cost is
 
  A) substitution cost.
  B) opportunity cost.
  C) utility cost.
  D) accounting cost.

Question 2

The Federal Reserve has ________ regional Federal Reserve Banks and ________ members of the Board of Governors.
 
  A) 12; 12
  B) 12; 7
  C) 7; 12
  D) 7; 7


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ghepp

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


sjones

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

nyrave

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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