4
QuizMultiple Choice

Topic Test

Question 4 • LA-Financial Math A

“Choosing is Refusing” means individuals face an opportunity cost with each decision they make.

Answer
A
T
B
F

Explanation

“Choosing is Refusing” means that choosing one option requires giving up another. The value of the best alternative you give up is the opportunity cost, so the statement is true: choice A, “T.”

AI-written and checked against the verified answer.

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