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 48 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?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Two of the Reactions Involved in Forming Ozone (O3) and Smog Two of the Reactions Involved in Forming Ozone (O3) and Smog
The basal ganglia are clusters of gray matter that control learned movement and are involved with ... The basal ganglia are clusters of gray matter that control learned movement and are involved with ...
Does It Cost More to Eat Healthy? Does It Cost More to Eat Healthy?
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Cost of Going to School Cost of Going to School
Video: Electrical Conduction System of the Heart

For a complete list of videos, visit our video library