What Must Be Given Up to Obtain an Item Is

question 66

Multiple Choice

What must be given up to obtain an item is called

• A)out-of-pocket cost.
• B)comparative worth.
• C)opportunity cost.
• D)absolute value.

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Definitions:

Conquer Nature

The idea of dominating and controlling the natural environment through human ingenuity and technological advancement.

System

A set of interconnected elements or components that are organized to function together as a complex whole.

Kenneth Boulding

An economist, educator, peace activist, and interdisciplinary philosopher who made contributions in systems theory, ecological economics, and conflict and peace studies.

Equivocality

The existence of multiple and potentially conflicting interpretations or meanings within a communication context.