This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: That which we forgo, or give up, when we make a choice or decision is called (Read 102 times)

Engineer

  • Hero Member
  • *****
  • 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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Engineer on Apr 19, 2019

xMRAZ

  • Sr. Member
  • ****
  • Posts: 363
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.
Answer Preview
Only 29% of students answer this correctly


Engineer

  • Member
  • Posts: 527
Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Female choice of males based on nuptial gifts. Female choice of males based on nuptial gifts.
Bay (left) and chestnut (sometimes called "sorrel") are two of the most common coat colors Bay (left) and chestnut (sometimes called "sorrel") are two of the most common coat colors
Reindeer antlers grow again each year under a layer of fur called velvet. This reindeer is losing th Reindeer antlers grow again each year under a layer of fur called velvet. This reindeer is losing th
Luna Park at Coney Island was a vast living theater in which strollers were both spectators and acto Luna Park at Coney Island was a vast living theater in which strollers were both spectators and acto
How did you give birth? C section vs. Normal Delivery How did you give birth? C section vs. Normal Delivery
Eels - That Look You Give That Guy 1 (Official Video) Eels - That Look You Give That Guy 1 (Official Video)
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library