Sign up
Logout
Username
Change password
Logout
Home
►
economic methodology and the economic problem
►
Multiple Choice
Multiple choice questions
Question:
Front side
Back side
Question limit
10
20
1. opportunity cost
the cost of giving up the next best alternative.
something that is necessary for human survival, such as food, warmth or shelter.
a good which is consumed by individuals or households to satisfy their needs or wants.
a good which is used in the production of other goods and services.
1 of 5
