Opportunity cost of an action is
the highest-valued alternative forgone.
举一反三
- Opportunity cost of an action is A: the best choice that can be made. B: the money cost. C: the absolute cost. D: the comparative cost. E: the highest-valued alternative forgone.
- What is opportunity cost and how opportunity comes out?
- What is the opportunity cost?
- An opportunity cost is the cost of a(an) ______opportunity A: false B. C. D. B: missed C: absolute D: comparative
- The opportunity cost of an activity is the value of:
内容
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Fixed Cost,Veriable Cost,Explicit Cost,Implicit Cost,Opportunity Cost,Sunk Cost,Economic Profit,Normal Profit,Average Cost,Margial Cost
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Which of the following is an example of an opportunity cost?
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中国大学MOOC: The opportunity cost of an item is
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Opportunity cost is related to : A: A special reduced cost B: The cost of the same good last year C: The cost of the nearest substitute D: Foregone alternatives
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The price of leisure is an individual's wage, and this is the opportunity cost of not working.