Opportunity Cost Is

question 171

Multiple Choice

Opportunity cost is

• A) what we give up to get something else.
• B) marginal cost divided by total cost.
• C) the same as real cost.
• D) all of the above.

---

Definitions:

Pays By Check

The act of making a payment for goods or services with a written and signed paper directing a bank to pay money from the payer's account.

Compliment

An expression of praise, commendation, or admiration.

Maintenance Skills

These are the abilities required to repair, care for, and keep machinery, buildings, or equipment in good condition.

Affect

To make a difference to or have an influence on something or someone.