The cost borne by a producer in the production of a good or service is called

A European option can only be exercised on the final day, the expiration date

Indicate whether the statement is true or false

If Dalene's marginal benefit from consuming another cookie is greater than the price of the cookie, then

a. Dalene will not purchase any more cookies b. the opportunity cost of the cookie is lower than the price c. Dalene's utility will decrease if she purchases the cookie d. Dalene will increase her total satisfaction by purchasing the additional cookie e. she has purchased too many cookies