Chapter 1 What is Economics? Test bank MULTIPLE CHOICE ...
D)the accounting cost minus the marginal cost. 43) 44)The opportunity cost of any action is A)the time required but not the monetary cost. B)all the possible alternatives forgone. C)the highest-valued alternative forgone. D)the monetary cost but not the time required. 44) 45)The opportunity cost of something you decide to get is A)the amount of ... ................
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