An opportunity cost is the highest valued alternative foregone whenever one chooses an alternative
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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For a market to be characterized by monopoly, there must be
A. a large number of firms with no one able to influence price. B. barriers to entry and exit. C. good information about sales and costs. D. indistinguishable products being sold.
Economics
control of the nation's quantity of money is handled by
What will be an ideal response?
Economics