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In Economics,cost Is Measured as ________,And Benefit Is Measured as ________

Question 291

Multiple Choice

In economics,cost is measured as ________,and benefit is measured as ________.


A) what you must give up to get something; what you are willing to give up to get it
B) what you are willing to give up to get it; what you must give up to get something
C) the amount of money that you pay for something; the amount of money that someone else is willing to pay you
D) what you are willing to pay on the margin; what the government pays you when you are unemployed or retired
E) the amount of money that you pay on the margin; the amount of money that you receive on the margin

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