The sacrifice involved when you choose a particular course of action is called the?

Related Mcqs:

A recession is ?

A. a period of declining prices. B. a period of declining unemployment C. a period during which aggregate output declines. D. a period of very rapidly declining prices....

Which of the following situations describes the greatest market power ?

A. Subaru’s impact on the price f cars B. a farmer’s impact on the price of corn C. Microsoft’s impact on the price of desktop operating systems D. a student’s impact on college tuition...

On a graph, a positive linear relationship___________________?

A. moves down to the right B. moves up to the left C. moves up to the right D. moves down to the left...

The economics the central problem is ?

A. Scarcity B. Money C. Consumption D. Allocation...

A rational person does not act unless ?

A. the action is ethical B. The action produces marginal costs that exceed marginal benefits. C. The action produces marginal benefits that exceed marginal costs. D. The action makes money for the person....