According to Mr. Hall, what is opportunity cost()
A: It is the relationship between two kinds of goods or services that customers may want to buy.
B: It is people’s choice of goods and services at similar prices.
C: It is the relative value of goods to buyers compared to the value of alterative goods and services on which they may want to spend that same amount of money.
A: It is the relationship between two kinds of goods or services that customers may want to buy.
B: It is people’s choice of goods and services at similar prices.
C: It is the relative value of goods to buyers compared to the value of alterative goods and services on which they may want to spend that same amount of money.
举一反三
- Sellers are those who want to buy goods or services with money.
- Money is a measurement for value of goods and services、
- business-to-business (B2B) market All the and that want goods and services to use in producing other goods and services or to sell, rent, or supply goods to others.
- When computing the cost of the basket of goods and services purchased by a typical consumer, which of the following changes from year to year? A: The quantities of the goods and services purchased. B: The prices of the goods and services. C: The goods and services making up the basket. D: All the choices are correct.
- GDP is defined as the A: value of all goods and services produced within a country in a given period of time. B: value of all goods and services produced by the citizens of a country, regardless of where they are living, in a given period of time. C: value of all final goods and services produced within a country in a given period of time. D: value of all final goods and services produced by the citizens of a country, regardless of where they are living, in a given period of time.