Economics | Study Mode

Join Discuss Share Question Share to WhatsApp
Question 2
A
real cost is the laternative forgone while the money cost is the actual amount paid for buying the item 
B
the real cost is the opportunity cost, while the money cost is the marginal cost 
C
money cost is the opportunity, cost while the real cost is the actual cost in monetary terms 
D
money cost is always greater than the real cost 
Explanation.
Share Answer

No official Explanation yet!


Correct Option:
A
Join Discuss Share Question Share to WhatsApp
Question 3
A
less of the other goods is produced 
B
the same quantity of the other good is produced 
C
more of the other good is produced 
D
none of the other good is produced 
Explanation.
Share Answer

No official Explanation yet!


Correct Option:
A
Next Page
Question Map
Quiz link
Share Economics with your friends
Share to WhatsApp Share Quiz CBT mode Study mode copy link