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 96 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?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Two of the Reactions Involved in Forming Ozone (O3) and Smog Two of the Reactions Involved in Forming Ozone (O3) and Smog
Many European Americans are involved in ethnic work, attempting to maintain an identity more precise ... Many European Americans are involved in ethnic work, attempting to maintain an identity more precise ...
The two skills of the element Generating Alternatives The two skills of the element Generating Alternatives
A simplified overview of the genes and regulatory units involved in the control of lactose metabolis A simplified overview of the genes and regulatory units involved in the control of lactose metabolis
Regions involved in the control of genetic expression of the lac operon Regions involved in the control of genetic expression of the lac operon
Steps involved in charging tRNA Steps involved in charging tRNA
Video: Causes of Acne

For a complete list of videos, visit our video library