menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 27
  4. Exam
    Exam 1: First Principles
  5. Question
    The Opportunity Cost of Something Is
Solved

The Opportunity Cost of Something Is

Question 17

Question 17

Multiple Choice

The opportunity cost of something is:


A) greater during periods of rising prices.
B) equal to the money cost.
C) less during periods of falling prices.
D) what is given up to acquire it.

Correct Answer:

verifed

Verified

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

Related Questions

Q12: A busy professor can't decide whether to

Q13: Beth promises to do Alice's taxes, and

Q14: When people in Brazil engage in trade

Q15: In most cases, economic efficiency is achieved

Q16: In Ventura County, California, strawberry production is

Q19: Scarcity in economics means that:<br>A)we do not

Q21: Market failure occurs when the pursuit of

Q31: An increase in efficiency means that an

Q76: The economic way of thinking entails:<br>A)the analysis

Q171: Equity means that:<br>A)everyone gets an efficient share

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