The monitory income a firm sacrifices when it uses a resource it rosins rather than supplying the resource in the market ?

Related Mcqs:

An economic system in which traditions and customs determine how the economy would use its scare resources ?

A. Traditional economy B. Mixed economy C. capitalistic economy D. Command economy...

A particular set of institutional arrangement and a coordinating mechanism is___________________?

A. Economic system B. Fascism C. Mixed system D. None...

Selling public assets to individuals or private business interests ?

A. Publication B. Downsizing C. Privatization D. All...

Discount rate that causes a project to have a net present value of zero used to rank projects in comparison with market rates of interest?

A. Rate or returns B. External rate or returns C. Internal rate or returns D. None...

A country’s potential for economic growth is greatly influenced by its endowments of__________________?

A. Physical resources B. Human resources C. Both a and b D. None of these...