menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 41
  4. Exam
    Exam 1: What Is Economics
  5. Question
    Opportunity Cost Is Defined as the
Solved

Opportunity Cost Is Defined as the

Question 267

Question 267

Multiple Choice

Opportunity cost is defined as the


A) highest-valued alternative given up.
B) lowest-valued alternative given up.
C) cost of not doing all of the things you would like to do.
D) total value of all the alternatives given up.

Correct Answer:

verifed

Verified

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

Related Questions

Q262: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -The figure above

Q263: In economics, normative statements are about<br>A) marginal

Q264: Along a curve, when one variable increases,

Q265: <span class="ql-formula" data-value="\begin{array} { | l |

Q268: The fact that wants cannot be fully

Q269: <span class="ql-formula" data-value="\begin{array} { | l |

Q270: Jed had an exam score of 50

Q271: ʺAs interest rates rise, people save more

Q272: Factors of production are grouped into four

Q359: To graph a relationship that involves more

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