The Highest Valued Alternative That Must Be Given Up in Order

question 46

Multiple Choice

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

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

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Definitions:

Relapses

Returning to a previous state of health deterioration after a period of improvement, often used in the context of chronic illness or substance abuse recovery.

Disulfiram

A drug that causes an aversive reaction when taken with alcohol; used to treat alcoholism; also known as Antabuse.

Alcohol Abuse

The excessive or problematic drinking of alcohol that leads to harm or distress, which can negatively impact social, occupational, or health aspects of life.

Unpleasant Effects

Negative reactions or side effects experienced from a treatment, medication, or substance.