menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Canada
  4. Exam
    Exam 2: The Economic Problem
  5. Question
    To Describe Preferences,economists Use the Concept of
Solved

To Describe Preferences,economists Use the Concept of

Question 56

Question 56

Multiple Choice

To describe preferences,economists use the concept of


A) opportunity cost.
B) scarcity.
C) marginal benefit.
D) marginal cost.
E) price.

Correct Answer:

verifed

Verified

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

Related Questions

Q51: Use the figure below to answer the

Q52: A marginal cost curve that is<br>A)a horizontal

Q53: A medical clinic employs 10 workers.Each worker

Q54: The economy illustrated by the data in

Q55: Use the figure below to answer the

Q57: Use the figure below to answer the

Q58: Which of the following is true regarding

Q59: A situation in which resources are either

Q60: In Portugal,the opportunity cost of a bale

Q61: Consider a country that has two industries.In

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