Introduction to Economics 1 Deneme Sınavı Sorusu #728797

What is the best alternative that we give up when we make a choice or a decision is called?


Opportunity cost

Total cost

Marginal cost

Explicit cost

Implicit cost


Yanıt Açıklaması:

Opportunity cost is the best alternative that we give up when we make a choice or a decision.  The correct answer is A.

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