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  2. Topic
    Geology/Geography/Oceanography/Atmospheric Sciences
  3. Study Set
    Environment and You The
  4. Exam
    Exam 1: Environment, Sustainability, and Science, Environmental Ethics, Economics, and Policy, and the Physical Science of the Environment
  5. Question
    The Difference Between the Cost to Produce a Commodity and Its
Solved

The Difference Between the Cost to Produce a Commodity and Its

Question 3

Question 3

Multiple Choice

The difference between the cost to produce a commodity and its price in the marketplace is____________ .


A) economy of scale
B) economic value
C) opportunity cost
D) profit
E) discount rate

Correct Answer:

verifed

Verified

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