The ________ of Something Is the Gain or Pleasure That

question 32

Multiple Choice

The ________ of something is the gain or pleasure that it brings.

• A) opportunity cost
• B) benefit
• C) marginal cost
• D) rational choice
• E) rational margin

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Definitions:

Alternative Proposals

Different suggestions or plans put forward as options to consider for solving a problem or making a decision.

Present Value

The present worth of a future amount of money or series of monetary inflows, considering a certain rate of interest.

Present Value Amount

The current value of a future sum of money or stream of cash flows given a specified rate of return, important in discounting and investment decisions.

Rate of Earnings

A measure of profitability that indicates how much profits a company generates from its operations.