The Opportunity Cost of Producing Good a Is Defined to Be

question 32

Multiple Choice

The opportunity cost of producing good A is defined to be

• A)the cost of having to get by using something else in place of good A.
• B)the money cost of the factors of production used in good A.
• C)what must be sacrificed of other goods to get an additional unit of good A.
• D)the cheapest method of producing good A.
• E)the retail price of good A.

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Definitions:

Social Readjustment Rating Scale

A scale that assigns numerical values to the stress level of different life events, used to assess an individual's risk to stress-related illnesses.

Immune System

The body's defense mechanism against infectious organisms and other invaders, comprising various cells, tissues, and organs that work together to protect the body.

Cortisol

A steroid hormone released by the adrenal glands in response to stress or low blood-glucose concentration; it plays a key role in the body's stress response and helps regulate metabolism, immune response, and blood pressure.

Infections

The invasion and multiplication of microorganisms such as bacteria, viruses, and parasites that are not normally present within the body.