The Opportunity Cost of an Item Is

question 107

Multiple Choice

The opportunity cost of an item is

• A)the number of hours needed to earn money to buy the item.
• B)what you give up to get that item.
• C)usually less than the dollar value of the item.
• D)the dollar value of the item.

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Definitions:

Duty

A moral or legal obligation to ensure the well-being or safety of others, or to adhere to a standard of conduct.

Careful

Careful describes the act of being cautious, meticulous, or taking pains to avoid mistakes or accidents in one's actions or decisions.

First Nations

Indigenous peoples in Canada who are neither Inuit nor Métis, often recognized as the original inhabitants of the land.

Energy Transportation

The act or process of moving energy in various forms (e.g., electricity, oil, gas) from one location to another, often involving extensive distribution systems.