What Is the Term for What You Give Up to Get

question 81

Multiple Choice

What is the term for what you give up to get an item?  

• A) explicit cost 
• B) direct cost 
• C) true cost 
• D) opportunity cost

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Definitions:

Early Adulthood

A life stage typically ranging from the late teens or early twenties until the thirties, characterized by the pursuit of independence, career development, and, for many, starting a family.

Adolescent Egocentrism

A cognitive characteristic of adolescence, involving difficulty distinguishing between one's own perspective and someone else's viewpoint.

Unique

Being the only one of its kind; unlike anything else.

Confidence

A belief in one's abilities or qualities.