Multiple Choice
The student centre on campus has burritos,bagels,or burgers for lunch,and they all cost the same.You love burgers and bagels,but you decide to have a burger today.If they were out of burgers,you would have bought a bagel.Which economic principle does this statement BEST represent?
A) The true cost of something is its opportunity cost.
B) "How much" is a decision at the margin.
C) One person's spending is another person's income.
D) There are gains from trade.
Correct Answer:
Verified
Correct Answer:
Verified
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