The Principle of Opportunity Cost Is That

question 10

Multiple Choice

The principle of opportunity cost is that

• A)in a market economy, taking advantage of profitable opportunities involves some money cost.
• B)the economic cost of using a factor of production is the alternative use of that factor that is given up.
• C)taking advantage of investment opportunities involves costs.
• D)the cost of production varies depending on the opportunity for technological application.

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Definitions:

Pruning

The process of reducing the number of neurons, synapses, or connections in the brain, usually to increase the efficiency of neural networks.

Cell Death

In brain development, normal elimination of excess brain cells to achieve more efficient functioning.

Cortical Cells

Cells located in the cortex of various organs or tissues, particularly in the brain's cerebral cortex.

Plasticity

(1) Range of modifiability of performance. (2) Modifiability, or “molding,” of the brain through experience.