Multiple Choice
Economists measure opportunity cost
A) as the sum of all forgone opportunities.
B) only when it is on the margin.
C) as equal to the sum of all the sunk costs.
D) as the best thing given up.
E) as the same as marginal benefit.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: A cross-section graph<br>A)is divided into different sections.<br>B)measures
Q6: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" In the above,
Q7: A time series graph<br>A)is similar to a
Q8: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" The figure above
Q9: Of the three major economic questions, which
Q11: Increasing income tax rates will solve the
Q12: Correlation means<br>A)other things remaining the same.<br>B)"on the
Q13: Will, Bill, and Phil decide to study
Q14: Your economics professor offers 10 points extra
Q15: Which of the following statements is correct?<br>A)When