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Author Question: The cost involved when choosing between alternatives is known as the (Read 103 times)

sdfghj

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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
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Marked as best answer by sdfghj on Apr 19, 2019

bookworm410

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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.
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sdfghj

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Reply #2 on: Apr 19, 2019
Thanks


bookworm410

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Reply #3 on: Apr 19, 2019
Welcome :)


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