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Author Question: Fill in the blank: ________ cost refers to the next-best option a person gives up when making a ... (Read 99 times)

neverstopbelieb

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Fill in the blank: ________ cost refers to the next-best option a person gives up when making a choice.
 
  A) Accounting
  B) Objective
  C) Efficient
  D) Opportunity
  E) Regrettable

Question 2

Which of the following statements is CORRECT?
 
  A) A change in the quantity demanded means a shift in the demand curve.
  B) A change in demand means a movement along the demand curve.
  C) A change in demand and change in quantity demanded means the same thing.
  D) A change in demand means a shift in the demand curve while change in the quantity demanded means a movement along the demand curve.



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Chelseyj.hasty

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Answer to Question 1

D

Answer to Question 2

D




neverstopbelieb

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


patma1981

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

 

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