Hedge funds require large minimum investments ranging from ________ to ________ or more

Suppose after the semester ends, you take a trip to a tropical island. Upon arriving at the island, you make a stop at one of the markets and notice that everyone is carrying around jars full of little turtles

You also notice the person in line in front of you just paid for a bottle of rum with 6 turtles. Someone else just bought a straw hat for two turtles. Thinking back to your economics class (as painful as that may be), you would conclude that A) turtle soup is a delicacy. B) turtles are valueless. C) this is a barter economy. D) those little turtles are serving as money.

___________ is the highest valued alternative that must be sacrificed to satisfy a want or attain something

a. Intangible resource b. Choice c. Opportunity cost d. Availability