Opportunity Cost Is

question 6

Multiple Choice

Opportunity cost is:

• A)The sum of the value of all the forgone activities.
• B)The value of the second and third actions forgone.
• C)The next best forgone opportunity.
• D)The value of the action chosen, net of the value of the next best action.
• E)None of the above.

---

Definitions:

Fourteenth Amendment

An amendment to the U.S. Constitution granting citizenship to all persons born or naturalized in the United States and guaranteeing all citizens equal protection of the laws.

McCreary

Likely refers to McCreary County v. ACLU of Kentucky, a significant U.S. Supreme Court case dealing with the Establishment Clause and religious displays on public property.

Van Orden

Refers to Van Orden v. Perry, a U.S. Supreme Court case dealing with the display of the Ten Commandments on public property.

Establishment Clause

A clause in the First Amendment of the U.S. Constitution that prohibits the government from making any law respecting an establishment of religion, thereby ensuring the separation of church and state.