Which Economic Concept Does the Expression "Time Is Money" Reflect

question 9

Multiple Choice

Which economic concept does the expression "time is money" reflect?

• A)opportunity cost
• B)specialization
• C)market exchange
• D)comparative advantage
• E)efficiency

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Definitions:

Raise Capital

The process by which a company or individual secures money from investors or lenders for business activities or expansion.

TSX

The Toronto Stock Exchange, which is the largest stock exchange in Canada, trading Canadian securities.

Dealer Market

A financial market mechanism in which buyers and sellers execute transactions through dealers who buy and sell for their own accounts.