The Things That Must Be Forgone to Acquire a Good

question 560

Multiple Choice

The things that must be forgone to acquire a good are called

• A)implicit costs.
• B)opportunity costs.
• C)explicit costs.
• D)accounting costs.

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Definitions:

Protostomes

A group of animals characterized by developing the mouth before the anus during embryonic development.

Tapeworms

Parasitic flatworms that live in the digestive tracts of vertebrates, absorbing nutrients from the host's intestine.

Choanoflagellates

A collective of independent, single-celled and colonial flagellated eukaryotic organisms regarded as the nearest living kin to animals.

Segmentation

The division of a body into repetitive sections or segments; a characteristic of many animals, including annelids and arthropods.