Which of the Following Statements Is Consistent with How Changes

question 123

Multiple Choice

Which of the following statements is consistent with how changes in opportunity cost are expected to affect behavior?

• A)The lower the opportunity cost of doing X, the more likely X will be done.
• B)The lower the opportunity cost of doing X, the less likely X will be done.
• C)The higher the opportunity cost of doing X, the more likely X will be done.
• D)There is no relationship between opportunity cost and behavior.

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Definitions:

Understanding Of Number

The cognitive ability to recognize, value, and manipulate numerical quantities, fundamental to mathematics.

Threeness

The quality or condition of being three or having three components.

Twoness

Twoness describes a state or condition of being divided or having a dual nature, often relating to identity or perspectives.

Subtraction

The mathematical process of taking one quantity away from another, or the removal of elements from a set.