menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics A Contemporary Introduction Study Set 1
  4. Exam
    Exam 2: Economic Tools and Economics Systems
  5. Question
    Which Economic Concept Does the Expression "Time Is Money" Reflect
Solved

Which Economic Concept Does the Expression "Time Is Money" Reflect

Question 9

Question 9

Multiple Choice

Which economic concept does the expression "time is money" reflect?


A) opportunity cost
B) specialization
C) market exchange
D) comparative advantage
E) efficiency

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q4: The "division of labor" refers to<br>A)discrimination in

Q5: In one week, Mohammed can knit 5

Q6: Expenses for room and board<br>A)are opportunity costs

Q7: Which of the following cannot be determined

Q8: Opportunity cost is the difference between the

Q10: It is possible for one person to

Q12: Exhibit 2-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 2-2

Q13: Exhibit 2-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 2-4

Q14: It is possible for one person to

Q196: Opportunity cost is defined<br>A) only in terms

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines