19
AssignmentDropdown

The Three Questions of Economics

Question 19 • (OC27) Economics-2102310-Sem-Murphy-D'Aquino

Opportunity cost forces consumers and producers to make.

Answer
A
products
B
purchases
C
choices

Explanation

Opportunity cost is the value of the next-best alternative given up when a decision is made. Because resources such as time and money are limited, consumers and producers must weigh alternatives and make choices. The correct answer is choices.

AI-written and checked against the verified answer.

Previous
Next