The opportunity cost of a decision is the
a. price you pay in the marketplace.
b. next alternative you give up when you make a choice.
c. options available with any economic decision.
d. choice made when the first option is unavailable.
b. next alternative you give up when you make a choice.
You might also like to view...
The legislature, at its discretion, may delegate taxing authority to local school districts
Indicate whether this statement is true or false.
Knowing that George Washington was the first president of the United States is part of which memory system?
a. procedural b. episodic c. short-term d. declarative
Which of the following objectives is a functional activity?
A. The student will describe how to change a tire. B. The student will describe how to fill out a job application. C. The student will demonstrate how to make a bed. D. B and C
A specific, formal prediction about the outcome of a research study is called a(n) ______.
Fill in the blank(s) with the appropriate word(s).