The Opportunity Cost of an Item Is

question 67

Multiple Choice

The opportunity cost of an item is

• A)the number of hours that one must work in order to buy one unit of the item.
• B)what you give up to get that item.
• C)always less than the dollar value of the item.
• D)always greater than the cost of producing the item.

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Definitions:

Teaching Consideration

The thoughtful planning and execution of educational strategies, taking into account the diverse needs of learners.

Bandaging Technique

A method applied in first aid and nursing, aiming to cover and protect wounds or injuries using bandage materials.

Evaluation Type

The category or method of assessment used to judge or measure the effectiveness, value, or performance of a program, person, or system.

Psychomotor Domain

Motor skills, such as giving an injection.