The Highest Valued Alternative That Must Be Given Up in Order

question 174

Multiple Choice

The highest valued alternative that must be given up in order to choose an option is called

• A) opportunity cost.
• B) utility.
• C) scarcity.
• D) disutility.

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Definitions:

Connectivity

The state of being connected or interconnected, often referring to the ability of devices or systems to link with each other through communication paths.