The Highest Valued Alternative That Must Be Given Up in Order

question 174

Multiple Choice

The highest valued alternative that must be given up in order to choose an option is called

• A) opportunity cost.
• B) utility.
• C) scarcity.
• D) disutility.

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Definitions:

Endangered Species

Species that are at risk of extinction due to declining population numbers, loss of habitat, or other environmental and ecological factors.

Threatened Species

Species that are at risk of extinction in the near future if the factors threatening their survival and reproduction are not mitigated.

In Situ Conservation

The conservation and protection of genetic resources in natural populations of plant or animal species.

Ex Situ Conservation

The conservation of genetic resources outside their natural habitats, such as in zoos, botanic gardens, or seed banks.