The Opportunity Cost of a Choice Is

question 81

Multiple Choice

The opportunity cost of a choice is:

• A) the value of the opportunities lost.
• B) the net value of the opportunities gained.
• C) the difference between the benefits and costs of the choice.
• D) sometimes positive or negative.

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Definitions:

Moving Average

A statistic used in technical analysis showing the average value of a security's price over a set period.

Stock Prices

The current market value of a company’s shares, fluctuating based on supply and demand, news, and investors' perceptions.

Volatile

Describing an asset or market with frequent, significant price changes over a short period.

Kondratieff

A theory proposing that Western capitalist economies have long-term (50 to 60 years) cycles of boom and bust, named after Russian economist Nikolai Kondratiev.