The Opportunity Cost of Good a in Terms of Good

question 429

Multiple Choice

The opportunity cost of good A in terms of good B is equal to the

• A) money price of good A minus the money price of good B.
• B) money price of good B minus the money price of good A.
• C) ratio of the money price of good A to the money price of good B.
• D) ratio of the money price of good B to the money price of good A.

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Definitions:

Scripting Language

A programming language that supports scripts, which are programs written for a special run-time environment that automate the execution of tasks.

IPv6 Protocol

The most recent version of the Internet Protocol (IP), designed to address the limitations of IPv4, including a much larger address space.

IPv4 Protocol

An Internet Protocol used to identify devices on a network through an addressing system, allowing for data transmission.

Protocol

A set of rules or standards used to enable computers to connect and communicate with one another over a network.