What Is the Term for the Highest Valued Alternative Sacrificed

question 249

Multiple Choice

What is the term for the highest valued alternative sacrificed as a result of a choice?

• A) the explicit cost, which can be objectively measured by anyone
• B) the explicit cost, which can be subjectively measured only by the individual who chooses
• C) the opportunity cost, which can be subjectively measured only by the individual who chooses
• D) the opportunity cost, which can be objectively measured by anyone

---

Definitions:

Cow's Milk

The milk obtained from dairy cows, a common beverage and source of dairy products, but can cause allergies in some individuals.

Kwashiorkor Disease

A severe form of malnutrition characterized by protein deficiency, often leading to swollen abdomen, discolored hair, and other health issues.

Prominent Abdomen

A condition where the belly area protrudes more than is typical, possibly due to bloating, fat accumulation, or other health issues.

Elevated Hemoglobin

Higher than normal levels of hemoglobin in the blood, which can indicate various conditions, including dehydration or polycythemia vera.