AnswersCMS 2026-2027 Economics and Personal Finance HONORS INITIAL CREDITPractice ExamQuestion 12
12
practice examMultiple Choice

Practice Exam

Question 12 • CMS 2026-2027 Economics and Personal Finance HONORS INITIAL CREDIT

Which of these statements about opportunity cost are true? Choose three correct answers.

Answer
A
It assists in anticipating profits.
B
It exists because resources are scarce.
C
It influences producers.
D
It encourages people to spread their resources around.
E
It influences consumers.
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