Which of the Following Is a TRUE Statement

question 31

Multiple Choice

Which of the following is a TRUE statement?

• A)Cost is always measured in the nation's currency.
• B)Opportunity cost is an objective measure since the cost of an activity is the same for everyone.
• C)The less alternatives there are the greater the cost.
• D)Opportunity cost is always a foregone opportunity.

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Definitions:

WAN

A Wide Area Network, a telecommunications network that extends over a large geographic area for the purpose of computer networking.

MAN

Metropolitan Area Network (MAN) is a large computer network that spans a metropolitan area, typically interconnecting businesses, organizations, and government entities within a city.

LAN

Local Area Network, a network that connects computers and devices in a limited geographical area like a home or office.

Digital Literacy

The ability to effectively find, use, summarize, create, and communicate information in a digital environment, encompassing a broad range of skills and knowledge.