Opportunity Costs

question 125

Multiple Choice

Opportunity costs

• A) are generally the same from individual to individual.
• B) involve monetary rather than nonmonetary costs.
• C) decrease as individuals become wealthier.
• D) influence all economic decisions.

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Definitions:

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A mode in database and reporting software that allows users to visually design and modify the layout of reports.

Delete Control

An interface element or command that allows users to remove items from a document, database, or software application.

Form

A document with spaces in which to write or select, for a series of documents with similar contents, used in business or administrative contexts.

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Information, facts, or figures collected for analysis, reference, or calculation.