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

Author Question: The cost involved when choosing between alternatives is known as the (Read 101 times)

sdfghj

  • Hero Member
  • *****
  • Posts: 552
on: Apr 19, 2019

Question 1

Opportunity cost is


◦ the additional cost incurred from the consumption of one more unit of output.
◦ the cost involved when choosing between alternatives.
◦ the cost of production which cannot be recaptured.
◦ the total cost incurred from the consumption of additional output.

Question 2

The cost involved when choosing between alternatives is known as the


◦ marginal cost.
◦ sunk cost.
◦ opportunity cost.
◦ normative 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 sdfghj on Apr 19, 2019

bookworm410

  • Sr. Member
  • ****
  • Posts: 341
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


sdfghj

  • Hero Member
  • *****
  • Posts: 552
Reply #2 on: Apr 19, 2019
Thanks


bookworm410

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Brain scans showing the white-matter pathways involved in everyday learning: Brain scans showing the white-matter pathways involved in everyday learning:
Two of the Reactions Involved in Forming Ozone (O3) and Smog Two of the Reactions Involved in Forming Ozone (O3) and Smog
Metabolic pathways involved in lipolysis, the breakdown of fats (triglycerides) for energy. Metabolic pathways involved in lipolysis, the breakdown of fats (triglycerides) for energy.
Surface molecules involved in the interaction between an antigen-presenting cell and a CD4+ T cell. Surface molecules involved in the interaction between an antigen-presenting cell and a CD4+ T cell.
question in cost accounting question in cost accounting
Several parts of the brain are involved in the interpretation of stress and responses on the part of Several parts of the brain are involved in the interpretation of stress and responses on the part of
Video: ATPase function - membrane transport, contractile proteins and synthesis

For a complete list of videos, visit our video library