Spending money on a new car instead of a used car when you are on a fixed budget is an example of
A) a bad thing to do because you run out of money.
B) living on the edge.
C) the incursion of an opportunity cost.
D) isolating variables.
C
Economics
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Other things equal, an increase in defense spending will increase the budget deficit
a. True b. False Indicate whether the statement is true or false
Economics
A firm is more likely to invest in new capital if
A. the productivity of capital is high. B. it expects future sales to grow. C. it has no excess capital. D. all of the above.
Economics