Multiple Choice
How are money cost and opportunity cost related to each other?
A) If markets function well, they are closely related.
B) They are always identical in any economic system.
C) Opportunity cost must always exceed money cost.
D) Money cost is greater than or equal to opportunity cost.
E) In a market economy, they must be equal to each other.
Correct Answer:

Verified
Correct Answer:
Verified
Q187: Free markets promote all of society's goals.
Q188: Efficient production can be carried out anywhere
Q189: Opportunity cost is the value of the
Q190: The U.S.federal government spent more than $4
Q191: If an economy is operating inefficiently, then<br>A)the
Q193: Economics examines the options open to households
Q194: As a general rule, an increase in
Q195: If production involves increasing opportunity cost, then
Q196: The tendency of opportunity cost to increase
Q197: A point lying inside (under) a production