Answers Academy - Economics and Personal Finance Unit TestQuestion 19

19

QuizMultiple Choice

Unit Test

Question 19 of 50 • Academy - Economics and Personal Finance

Which best describes an opportunity cost?

Answer

A

accepting an opportunity to do something else when making an economic decision

B

giving up an opportunity to do something else when making an economic decision

C

accepting an opportunity to help accomplish something else when making an economic decision

D

giving up an opportunity to increase prices when making an economic decision

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