Opportunity Cost

Question 1

What could happen as a result of the effects of the opportunity cost on the left? Check all that apply.

Revolt · Accepted Answer

missing out on spending time with friends; gives up a chance to have fun

Question 2

Question 2

Revolt · Accepted Answer

Opportunity cost is what must bein order tosomething else.: given up; Opportunity cost is what must bein order tosomething else.: gain; Opportunity cost forces consumers and producers to make.: choices

Question 3

received ✔ given up replaced

Revolt · Accepted Answer

✔ given up; Opportunity cost is what must bein order tosomething else.: given up; Opportunity cost is what must bein order tosomething else.: gain; Opportunity cost forces consumers and producers to make.: choices

Question 4

X give up ✔ gain replace

Revolt · Accepted Answer

✔ gain

Question 5

products purchases ✔ choices

Revolt · Accepted Answer

✔ choices

Opportunity Cost Answers

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