menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics Study Set 4
  4. Exam
    Exam 1: Economics: The Study of Choice
  5. Question
    The Sacrifice of an Alternative Is Called
Solved

The Sacrifice of an Alternative Is Called

Question 48

Question 48

Multiple Choice

The sacrifice of an alternative is called:


A) revenue.
B) benefit.
C) opportunity cost.
D) production.

Correct Answer:

verifed

Verified

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

Related Questions

Q43: The Case in Point on "baldness and

Q44: Anything whose value can change is a:<br>A)

Q45: Ceteris paribus means:<br>A) allowing all other things

Q46: The BEST example of making a choice

Q47: An example of a positive statement is:<br>A)

Q49: In the 1930s, the federal government established

Q50: A(n) _ does not pose the problem

Q51: According to the textbook, economics is a:<br>A)

Q52: Statements that are a hypothesis or statement

Q53: Economic models are:<br>A) created and used 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