The Real Cost of Producing a Good Is

question 117

Multiple Choice

The real cost of producing a good is:

• A)the dollar cost of inputs used to make the item.
• B)the opportunity cost of producing the good.(True Answer )Correct
• C)the resources that were used to make the good.
• D)the dollar amount it costs to sell the good.

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Definitions:

Fear Acquisition

The process by which an individual learns to fear a neutral stimulus by associating it with a negative or unpleasant event.

Amygdala

A part of the brain involved in processing emotions, especially fear and pleasure.

Cerebellum

A region of the brain that plays an important role in motor control, and it may also be involved in some cognitive functions.

Left Temporal Lobe

An area of the brain on the left side involved in understanding language, memory, and the integration of sensory input.